
Coinbase adds six tokenized stocks after $228M debut
Coinbase has expanded its tokenized equity offerings on the Base blockchain by adding six new assets, including Amazon, Microsoft, Tesla, and SpaceX, bringing the total lineup to 10. This expansion follows a successful initial launch that generated $227.7 million in decentralized exchange volume within its first 30 days. The tokens, issued by Coinbase Onchain SPV Ltd. under the B20 standard, represent beneficial interests in underlying shares held in bankruptcy-remote custody. By leveraging the Ethereum layer-2 network, these assets allow eligible non-U.S. investors to trade equities outside of traditional market hours and integrate them into decentralized finance protocols like Aave and Aerodrome. The initiative highlights the growing institutional push to bridge traditional financial assets with onchain infrastructure, enabling 24/7 liquidity and composability. While the tokens provide exposure to major U.S. tech firms and private entities like SpaceX, they are restricted to non-U.S. persons under Regulation S. This development underscores the increasing utility of tokenized stocks as collateral and investment vehicles within the broader DeFi ecosystem.











