Coinbase tokenized stocks go live on Base with Chainlink price feeds
Coinbase’s B20 equities bring stocks including Apple and Nvidia onchain, allowing eligible non-US users to trade them 24/7 and use them across DeFi.
Coinbase’s tokenized US stocks went live on Base Monday, alongside a Chainlink integration providing price data to support their use across decentralized finance applications.
Chainlink Data Feeds will provide continuous pricing for Coinbase’s tokenized stocks, including Nvidia, Apple, Meta and Alphabet. The data allows DeFi protocols to integrate the assets into lending markets, decentralized exchanges and structured products, including as collateral for borrowing.
According to Chainlink’s documentation, the feeds value each token using the underlying stock price and a Coinbase-supplied multiplier that accounts for dividends and corporate actions.