Chainlink Brings Tokenized Stocks to DeFi Platforms

Chainlink has made it possible to use tokenized stocks of Nvidia, Meta, Apple, and Alphabet as collateral in DeFi lending platforms like Aave, Morpho, and Euler.

The tokenized equities are issued by Coinbase Onchain SPV Ltd. under Abu Dhabi regulation and represent real ownership stakes backed one-to-one by physical shares held securely.

Chainlink's oracle system ensures accurate real-time valuations by integrating stock prices and dividend adjustments, supporting DeFi protocols in managing risk and liquidation processes.

However, American investors are restricted from participating due to Regulation S compliance, and token holders must complete verification to exercise ownership rights or vote.