Coinbase reported more than $1 billion in trading volume for tokenized U.S. stocks on Base within one month, while Token Terminal data put their onchain market capitalization at $21.6 million. The Ethereum layer-2 network’s tokenized equities, which allow users to buy fractions of traditional shares, are now accepted as collateral in Aave’s Equities Hub on Base, extending their use into decentralized finance (DeFi). The activity has drawn attention from @base and supports broader interest in tokenized assets, although the securities-related products remain subject to financial-regulator oversight. Coinbase says it is launching new primitives weekly. Prediction-market pricing for a possible Base token launch by December 31, 2026, rose to 8.5% YES from 7% the previous day, but further Coinbase announcements, regulatory developments, executive statements including those from Brian Armstrong, and DeFi partnerships could change expectations.