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Coinbase Debuts Tokenized Stocks on Base Network, Joining Race to Bring Equities on Blockchain

Chainlink price feeds will let DeFi apps use the tokens as collateral, while Coinbase says more stocks will be added soon.

  • On Monday, August 24, 2026, Coinbase launched tokenized U.S. stocks on its Base blockchain, offering eligible non-U.S. investors 1:1-backed exposure to major public equities around the clock.
  • These B20 tokens represent beneficial interests in underlying shares held by Alpaca Securities, a regulated broker-dealer, under Abu Dhabi Global Market supervision, though products remain unavailable to U.S. persons.
  • The initial lineup features Apple, NVIDIA, Meta, and Alphabet, with the issuer charging a 0.05% redemption fee and a 5% distribution fee on dividends before withholding taxes.
  • Coinbase selected Chainlink as its official oracle infrastructure to provide continuous pricing data, enabling decentralized finance protocols to accept the tokens as collateral for borrowing and trading.
  • With tokenized equities reaching $2.3 billion by mid-July 2026, Coinbase plans to expand its Base offerings with additional stock products in the coming weeks.
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Crypto Briefing broke the news on Monday, August 24, 2026.
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