Aave Launches Equities Hub for Tokenized Stocks
Aave V4 has launched an Equities Hub on Base that allows users to deposit tokenized U.S. stocks as collateral and borrow USDC against them.
The hub currently supports seven stocks: Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla.
These tokenized equities are issued by Coinbase Onchain SPV Ltd. and represent certificates linked to underlying shares held at Alpaca Securities in segregated custody.
Users can deposit these tokens into the Equities Hub and draw dollar liquidity against them, but they cannot borrow the equities themselves or create stock-against-stock borrowing positions.