#Base

69 articles tagged #Base — curated RWA tokenization coverage.

#Coinbase #TokenizedStocks #RWA #DeFi #Chainlink #Aave #B20 #Aerodrome #Stablecoins #Centrifuge

Streamex at Small-Cap Virtual Conference: tokenized gold push gains speed

Streamex presented its tokenized gold platform at the Small-Cap Virtual Conference, highlighting its transition to revenue generation and a debt-free balance sheet. The company's flagship product, GLDY, is a gold-backed token deployed on Base and Solana that offers a yield exceeding 3.5% through gold leasing. By owning the underlying physical assets and the tokenization rails, Streamex captures multiple fee streams including tokenization, management, and trading commissions. The firm reported over 1,000% year-over-year revenue growth in Q2 2024 and maintains $41 million in liquidity to support its expansion. Management expects the first institutional orders to close within 60 days, a milestone they believe will catalyze exponential growth in assets under management. Distribution is being scaled through partnerships with Equity Trust, Anchorage, and Coinbase to reach both institutional and retail investors. This development matters for the RWA market as it demonstrates a vertically integrated model for commodity tokenization that aims to transform gold from a non-productive asset into a yield-bearing instrument.

#Solana #Base #RWA

in.investing.com·Sep 23, 20267.5

Stocks

Nvidia, Apple Drive Demand for Coinbase-Issued Tokenized Stocks— Brian Armstrong Notes 'Good Traction So Far'

Coinbase CEO Brian Armstrong reported significant growth in the firm's tokenized stock offerings, which are issued on the Base blockchain for eligible non-U.S. users. The platform experienced a 9,697% surge in token holders over a single month, reaching a total of 46,700 users. These tokens provide 1:1 backing for major equities like NVIDIA, Apple, and Tesla, granting holders full dividend and voting rights. A key utility of these assets is their ability to serve as collateral for on-chain lending protocols such as Aave, bridging traditional equity markets with decentralized finance. The broader tokenized stock market has reached a valuation of $3.4 billion with $70 billion in monthly volume. This expansion is supported by a recent SEC decision to establish a five-year temporary regulatory pathway for trading tokenized U.S. stocks on blockchain venues. Armstrong indicated that Coinbase intends to expand this tokenization model to include private companies, U.S. Treasuries, and investment funds in the future. This development signals a shift toward integrating traditional financial instruments into 24/7 blockchain-based trading environments.

#Base #RWA #TokenizedStocks

benzinga.com·Sep 22, 20268.0

Infrastructure

Coinbase Shares Rise as Bitcoin Tops $85,000; IPO Access, SEC Tokenization in Focus

The U.S. Securities and Exchange Commission (SEC) issued a five-year Innovation Exemption on September 17, establishing a regulatory framework for venues trading tokenized National Market System stocks. This framework provides conditional relief from exchange definitions for platforms utilizing permissioned automated market makers, provided tokenized securities mirror the rights of traditional assets. While the exemption does not grant Coinbase specific operational approval, analysts at Bernstein suggest it positions the firm to compete in the emerging U.S. tokenized-equity market. Coinbase is currently expanding its 'Everything Exchange' strategy, which aims to integrate stocks, derivatives, and tokenized assets alongside its existing crypto services. The company already offers offshore tokenized stocks on the Base blockchain, though these remain restricted for U.S. users. Market participants view this regulatory clarity as a significant step toward bringing 24/7 price discovery and on-chain liquidity to traditional equities. Consequently, Coinbase shares and related tokenized instruments like COINB saw positive price movement following the announcement.

#Base #SEC #TokenizedStocks

thecryptobasic.com·Sep 21, 20268.0

Stocks

Coinbase Says Its Tokenized Stocks Set the Standard — But Nasdaq Is Backing a Rival

Coinbase is positioning its tokenized stock offerings as the industry standard by providing 1:1 backed securities that include full voting rights and dividend distributions for non-U.S. investors. Unlike synthetic derivatives that merely track price, these tokens represent a beneficial claim on underlying shares held in bankruptcy-remote custody. The assets are designed to function within the Base ecosystem, enabling 24/7 trading, lending, and collateral usage. Simultaneously, Nasdaq is intensifying the competition by investing $100 million into Payward, the parent company of Kraken, to develop Nasdaq Equity Tokens. This partnership aims to launch a regulated infrastructure for tokenized equities by the second quarter of 2027. While Coinbase focuses on deep integration with DeFi protocols and Chainlink oracles, Nasdaq is prioritizing the connection between blockchain assets and traditional financial markets. This rivalry highlights a broader shift in the RWA sector, where the primary value is moving from simple asset issuance to the development of robust, cross-market infrastructure. The outcome of this battle will likely determine how traditional securities are bridged into an always-on, programmable financial system.

#Base #RWA #TokenizedStocks

tradingview.com·Sep 18, 20268.0

Stocks

Morpho Opens Borrowing Against Coinbase's Tokenized Stocks

Morpho has launched lending and borrowing markets on the Base blockchain that allow users to pledge Coinbase-issued tokenized stocks as collateral for USDC loans. The platform currently supports five specific stock tokens, including Apple, Alphabet, Nvidia, Meta Platforms, and SpaceX, with borrowing activity concentrated in variable-rate markets. Steakhouse Financial acts as the primary curator for these markets, with its high-yield USDC vaults providing the vast majority of liquidity. While the total outstanding supply of these tokenized stocks on Base is approximately $11.4 million, current borrowing against them on Morpho remains modest at roughly $54,652. These markets utilize Chainlink price feeds to manage collateralization, with liquidation loan-to-value ratios set between 62.5% and 77%. Access is strictly restricted to non-U.S. persons, aligning with the regulatory framework established by Coinbase Onchain SPV Ltd. This development represents a significant step in integrating traditional equity exposure into decentralized finance protocols, enabling investors to leverage their positions without liquidating assets. The expansion highlights the growing utility of tokenized real-world assets within the Base ecosystem.

#Base #TokenizedStocks #DeFi

thedefiant.io·Sep 18, 20267.5

Infrastructure

Astar Fi Opens Public Beta for Onchain Personal Finance Manager

Astar Fi has officially launched its public beta, introducing an onchain personal finance manager designed to bridge the gap between portfolio tracking and active asset management. Incubated by the Astar Foundation, the platform allows self-directed users to monitor their net worth while accessing a curated, risk-rated selection of DeFi vaults and tokenized real-world assets. The interface aggregates opportunities from protocols like Morpho, Aave, and Midas, alongside tokenized products from major issuers including BlackRock, Apollo, Fidelity, and Ondo. By providing contract-level transparency and risk assessments for 436 tokenized stock and ETF records, the platform aims to simplify the management of diverse onchain portfolios. Users maintain self-custody of their assets throughout the process, as the platform does not issue or mint the underlying tokens itself. This development marks a shift toward more sophisticated, institutional-grade tooling for retail investors navigating the fragmented landscape of tokenized securities and decentralized finance. The platform currently supports assets on Ethereum and Base, with plans to expand its multichain capabilities over time.

#Ethereum #Base #DeFi

benzinga.com·Sep 15, 20267.0

Stocks

Armstrong Pushes Real-Share Model as Coinbase Expands Tokenized Stocks

Coinbase CEO Brian Armstrong is advocating for a shift in the tokenized stock market by emphasizing the necessity of real-share ownership rather than synthetic price tracking. By utilizing the Base blockchain, Coinbase aims to provide international investors with direct access to U.S. equities, including major tech stocks like Apple, Nvidia, Meta, and Alphabet. This model ensures that tokens are fully backed by underlying securities held in custody, allowing for integrated dividend payments and future voting rights. By moving away from debt instruments or synthetic derivatives, Coinbase seeks to establish a higher standard for transparency and investor protection in the RWA sector. This initiative is part of a broader strategy to expand global access to U.S. financial markets through blockchain-based infrastructure. The move highlights a growing institutional push to bridge traditional equity markets with decentralized finance protocols. Ultimately, this approach could set a new benchmark for how global investors interact with regulated financial assets on-chain.

#Base #RWA #TokenizedStocks

cryptorank.io·Sep 14, 20267.5

Stocks

Base tokenized stock volume reaches $100 million

Base has achieved a significant milestone in the RWA sector, with daily trading volume for tokenized stocks reaching $100 million. Data from Token Terminal indicates that over a 30-day period, these assets generated $730.9 million in volume across decentralized exchanges on the Base blockchain. Aerodrome emerged as the primary venue, processing $557.1 million, while Uniswap v4 handled $139.3 million, together accounting for over 95% of the total activity. Coinbase launched these Base-native stock tokens on August 24, offering exposure to major equities like Apple, Nvidia, and even private companies like SpaceX to eligible non-U.S. investors. These tokens utilize the B20 standard, which integrates compliance controls and identity checks directly into the smart contracts. Each token is backed one-for-one by shares held through the brokerage infrastructure provider Alpaca. This rapid growth highlights the increasing demand for onchain access to traditional financial assets, though the legal status of these tokens remains subject to complex regulatory frameworks regarding beneficial ownership and securities law.

#Base #TokenizedStocks #Coinbase

crypto.news·Sep 13, 20268.0

Stocks

Tokenized stocks expand access, but what do investors legally own? Tessera PE founder explains

Tokenized stock transfers have reached $29.5 billion, yet significant legal ambiguity persists regarding what investors actually own when purchasing these assets. Tessera PE founder Chan Ahn warns that marketing language often obscures the distinction between direct share ownership, custodial entitlements, and synthetic contracts. In issuer-sponsored structures, tokens may represent the security itself, whereas custodial products rely on intermediaries, creating risks related to insolvency and indirect ownership. Synthetic tokens, which offer only contractual exposure, may even be classified as security-based swaps under SEC guidance. Furthermore, private company restrictions, such as board-approval requirements and underwriter lock-ups, can complicate the transferability of tokenized economic interests. Coinbase has expanded its offerings on the Base blockchain, utilizing an Abu Dhabi Global Market entity to issue tokens under Regulation S, though these remain inaccessible to U.S. persons. The lack of standardized disclosure and independent valuation for private assets traded on decentralized exchanges creates additional risks for investors who may be trading based on stale funding-round data rather than true market discovery.

#Base #RWA #TokenizedStocks

crypto.news·Sep 11, 20267.5

Stocks

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.

#Base #RWA #TokenizedStocks

cryptonews.net·Sep 10, 20268.0

Infrastructure

Aerodrome Finance (AERO) Surges 5% as Base Tokenization Gains Momentum

Aerodrome Finance, a decentralized exchange on the Base blockchain, has experienced a price rally driven by the integration of tokenized U.S. equities and increased protocol activity. The platform now facilitates trading and liquidity for tokenized shares of companies like Amazon, Microsoft, and Tesla, which have generated over $200 million in volume within two weeks. This growth in real-world asset (RWA) activity is complemented by a 90% week-over-week surge in protocol fees, reaching approximately $1.9 million. To further support the token's value, the protocol executed a 281,000 AERO buyback and announced a 2x incentive campaign for veAERO holders. These developments position Aerodrome as a critical liquidity hub at the intersection of traditional finance and decentralized infrastructure. The convergence of these catalysts, alongside potential expansion plans involving Velodrome, suggests a shift toward deeper integration of onchain assets. Consequently, Aerodrome is increasingly viewed as a primary venue for the growing tokenized equity market on the Base network.

#Base #RWA #TokenizedStocks

altcoinbuzz.io·Sep 9, 20267.5

Infrastructure

CLARITY Act Senate Vote Set for September 15 as Coinbase Pushes Tokenized Stocks

Coinbase Vice Chair Ryan VanGrack emphasized that tokenization is actively reshaping capital markets as the U.S. Senate prepares for a critical cloture vote on the CLARITY Act scheduled for September 15, 2026. The bill, which previously passed the House with a 294 to 134 vote, requires 60 Senate votes to advance, necessitating bipartisan support. Recent momentum increased after the National Sheriffs Association shifted to a neutral stance, removing a key barrier for undecided Democratic senators. Coinbase is aggressively expanding its tokenized stock offerings, including assets like Nvidia and Google, which are backed one-to-one by real shares and eligible for dividends. Furthermore, the company has integrated Chainlink to allow these tokenized stocks to serve as collateral within DeFi platforms on the Base network. While the U.S. legislative outcome remains uncertain, Coinbase has secured regulatory approval in Abu Dhabi to provide tokenized security services internationally. This dual-track strategy ensures that Coinbase can continue its onchain finance operations regardless of domestic regulatory hurdles. The outcome of the Senate vote will ultimately determine whether the U.S. establishes a formal framework for these digital assets or risks losing innovation to overseas jurisdictions.

#Base #TokenizedStocks #Chainlink

Blockonomi·Sep 9, 20268.0

Infrastructure

Aerodrome Finance (AERO) Gains 5-6% Amid Tokenization Narrative

Aerodrome Finance (AERO) experienced a 5.96% price increase over a 15-hour window, contributing to a broader 24-hour gain of approximately 9.3%. This upward momentum is largely attributed to its strategic position within the Base network's growing tokenized assets ecosystem. Aerodrome serves as a primary liquidity venue for Coinbase’s tokenized equities, which recorded over $220 million in volume during their first month. Market sentiment has been further bolstered by high-profile endorsements, including Bitwise CIO Matt Hougan, who identified the protocol as a key beneficiary of the broader $500 trillion tokenization thesis. While no single hard catalyst triggered the recent move, the price action reflects sustained buying pressure and positive technical sentiment from traders on X. The protocol's role in facilitating liquidity for real-world assets on Base has made it a focal point for capital rotation. This trend highlights the increasing importance of decentralized exchanges in supporting the infrastructure required for institutional-grade tokenized products.

#Base #TokenizedEquities #DeFi

coinmarketcap.com·Sep 6, 20266.5

Stocks

Base adds six new Coinbase tokenized stocks including Amazon and Tesla

Coinbase has expanded its onchain equities offering on the Base Layer 2 network, doubling its lineup from four to ten tokenized stocks. The new additions include Amazon, Microsoft, SpaceX, Tesla, SanDisk, and MicroStrategy, joining the initial cohort of Nvidia, Apple, Meta, and Alphabet. These assets utilize the proprietary B20 token standard, which provides a 1:1 beneficial claim on underlying shares held in regulated custody by Alpaca. The initial launch on August 24 saw significant traction, recording $4.5 million in minted supply and $10.8 million in trading volume within the first 24 hours. By enabling 24/7 trading and fractional ownership, these tokens allow non-US users to bypass traditional brokerage friction. Furthermore, the integration with DeFi protocols like Aerodrome and Aave allows users to utilize these stock tokens as collateral or liquidity. This expansion signals Coinbase's broader strategy to integrate diverse real-world assets into the onchain ecosystem. The growth of this platform highlights a clear market demand for accessible, programmable equity exposure.

#Base #TokenizedStocks #DeFi

cryptobriefing.com·Sep 5, 20268.0

Active Strategies

Vanguard and Wellington test tokenised collateral, CIMB pilots sukuk settlement

Vanguard and Wellington Management successfully tested the use of tokenized money-market fund shares as collateral on the Canton Network, integrating them into Nasdaq’s existing Calypso collateral management system. This trial demonstrated that tokenized assets can function within traditional margin, eligibility, and post-trade workflows without requiring separate digital infrastructure. Simultaneously, CIMB utilized tokenized deposits to settle MYR 1.38 billion in tokenized sukuk, highlighting progress in atomic settlement capabilities. Coinbase expanded its offerings by launching tokenized versions of major U.S. stocks like Apple and Nvidia on the Base blockchain, operating under Abu Dhabi Global Market oversight for non-U.S. investors. These developments collectively signal a shift toward integrating tokenized assets into established financial systems rather than creating isolated silos. While these pilots prove technical feasibility, they also underscore the ongoing challenge of achieving industry-wide interoperability and demonstrating the economic scalability of tokenization. The industry remains focused on whether these tokenized instruments can eventually replace or augment traditional collateral and settlement processes at scale.

#Base #CantonNetwork #FranklinTempleton

theasianbanker.com·Sep 3, 20268.0

Stocks

Chainlink unlocks DeFi lending for Coinbase tokenized stocks

Chainlink has launched price feeds on the Base blockchain for four Coinbase tokenized stocks, specifically NVDAc, METAc, AAPLc, and GOOGLc. These feeds enable decentralized finance protocols to utilize these tokenized equities as collateral for lending and borrowing activities. By integrating Chainlink's V3 aggregator interface, protocols can now access real-time valuation data that accounts for dividend reinvestments and corporate actions via a specialized multiplier. Coinbase issues these B20 standard tokens through an Abu Dhabi Global Market-regulated entity, ensuring each token is backed one-to-one by underlying shares held by Alpaca Securities. This development marks a significant step in making traditional financial assets composable within the DeFi ecosystem, allowing users to leverage their holdings without selling. While these assets are not available to U.S. persons, the infrastructure supports 24-hour price reporting by aggregating data across regular and extended market hours. The integration provides the necessary oracle reliability for protocols like Aave, Morpho, and Euler to manage collateral health and liquidation processes effectively. Ultimately, this move bridges the gap between traditional equity markets and on-chain liquidity, expanding the utility of tokenized real-world assets.

#Base #TokenizedStocks #Chainlink

cryptonews.net·Sep 2, 20268.0

Stocks

Bankr Launches AI Service to Manage Tokenized Stock Liquidity 24/7

Bankr has launched an AI-driven liquidity service for tokenized stocks on Aerodrome, a decentralized exchange operating on Coinbase's Base blockchain. This service utilizes AI agents to manage liquidity positions 24/7, allowing individual investors to perform market-making tasks previously reserved for professionals. By using natural-language commands, users can deposit Coinbase-supported tokenized stocks like Apple and Nvidia into liquidity pools without manually adjusting price ranges. The AI agent automatically rebalances positions, ensuring continuous operation even when traditional US stock markets are closed. This development follows Coinbase's introduction of tokenized stocks on Base using the B20 standard. Aerodrome reported $103 million in trading volume across four liquidity pools within the first day of the launch. This integration marks a significant shift toward democratizing market-making by lowering technical barriers for retail participants. The ability to automate complex financial strategies on-chain highlights the growing synergy between AI agents and real-world asset tokenization.

#Base #TokenizedStocks #AI

en.bloomingbit.io·Sep 1, 20267.5

Stocks

Best Crypto to Buy Now: Chainlink Powers Coinbase's Tokenized Stocks While Pepeto Sets Up a 100x Run

Coinbase has integrated Chainlink Data Feeds to support tokenized stocks on the Base blockchain, including assets like Nvidia, Apple, Meta, and Alphabet. These B20 tokens are backed by real shares, allowing DeFi platforms to utilize them as collateral within a $2.3 billion category. By providing reliable pricing, Chainlink enables these traditional financial assets to function as usable capital on-chain. This development represents a significant step in bridging Wall Street assets with decentralized finance infrastructure. While the article discusses this institutional progress, it also promotes a speculative presale token called Pepeto, which is unrelated to the RWA infrastructure news. The integration of Chainlink into Coinbase's Base network highlights the growing trend of institutional adoption of blockchain rails for traditional asset settlement. This shift is critical for the RWA market as it establishes the necessary technical standards for institutional-grade collateralization.

#Base #RWA #TokenizedStocks

financefeeds.com·Sep 1, 20266.5

#Base

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