Coinbase adds six tokenized stocks to Base, doubling lineup to 10

  • Coinbase added six tokenized equities to Base, expanding its lineup to 10 assets.
  • $227.7 million in Coinbase-issued stock-token volume was recorded on Base DEXs over 30 days.
  • The tokens remain unavailable to U.S. persons under Coinbase's Regulation S structure.

Coinbase has added tokenized equities tied to Amazon, Microsoft, Strategy, SanDisk, SpaceX and Tesla to Base, bringing its onchain stock lineup to 10. The additions follow the Aug. 24 launch of tokens linked to Apple, Alphabet, Meta and Nvidia, which generated $227.7 million in decentralized-exchange volume across Base during the 30 days before the expansion, according to Token Terminal. Daily DEX activity peaked above $33 million. The products use Coinbase's B20 standard and represent beneficial claims on shares or eligible equity interests held through segregated, bankruptcy-remote custody rather than synthetic exposure. Coinbase Onchain SPV Ltd. issues the tokens from the Abu Dhabi Global Market, while Alpaca Securities serves as broker and custodian for public equities. Eligible non-U.S. users can trade the tokens through supported applications outside regular exchange hours, use them in decentralized finance protocols and potentially deploy them as lending collateral. The assets are not available to U.S. persons and have not been registered under the Securities Act of 1933 or state securities laws. Tokenized-stock activity is also expanding across the market: RWA.xyz recorded $29.5 billion in monthly transfers and about $2.54 billion of tokenized equities distributed onchain in late August, although transfers and DEX trading volume measure different activity.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.