Coinbase Partners with Chainlink to Enable Tokenized Stocks in DeFi
Coinbase has selected Chainlink as its official oracle infrastructure for its newly launched Tokenized Stocks, enabling real-time pricing data and expanding utility across the Base DeFi ecosystem. This partnership allows tokenized versions of major U.S. equities like NVIDIA (NVDA), Meta (META), Apple (AAPL), and Alphabet (GOOGL) to be used as collateral in lending markets, decentralized exchanges, and structured products. Coinbase Tokenized Stocks are backed 1:1 by shares held in regulated custody under the Abu Dhabi Global Market framework. The integration of Chainlink's data feeds is expected to unlock advanced financial use cases such as yield generation and borrowing against tokenized equities, which have reached a record $2.3 billion market size. This collaboration represents a significant step toward merging traditional finance (TradFi) with decentralized finance (DeFi), positioning Base as a key chain for real-world asset integration.
Tickers: $AAPL $COIN $GOOGL $META $NVDA
Topics: blockchain infrastructure DeFi oracles tokenized stocks