Coinbase Launches Tokenized Stocks on Base

Coinbase has launched tokenized stocks on its Base network, starting with Apple and Nvidia shares for users outside the U.S.

Coinbase has introduced tokenized stocks on its Layer 2 network, Base, targeting users outside the United States. Initially, fractional shares of Apple and Nvidia are available. Each token represents a direct claim to an actual share, which is held by the regulated broker and custodian Alpaca.

Users can store these assets in non-custodial wallets, trade them on Aerodrome, or utilize them as collateral on Aave. In the coming weeks, Coinbase intends to expand its offerings with additional stocks and tokenized real-world assets.