
Weekly Project Updates: LayerZero to Launch Blockchain‑Based Exchange This Fall, Ethena Unveils Four Major Ecosystem Updates, Coinbase Rolls Out Tokenized Stocks on Base, etc
Base has officially launched tokenized stocks under the B20 standard, allowing users to hold 1:1 backed shares of companies like Apple and NVIDIA in self-custody wallets. Administered by Alpaca as the regulated broker and custodian, these assets enable 24/7 trading, lending, and integration into broader DeFi applications. This development marks a significant step in bringing traditional equity markets on-chain, enhancing liquidity and composability for retail and institutional participants. Simultaneously, World Liberty Financial has secured conditional OCC approval to establish a national trust bank, aiming to house reserve assets for its USD1 stablecoin to improve compliance and reduce operational costs. These events highlight a growing trend of integrating regulated financial instruments and stablecoin infrastructure directly into blockchain ecosystems. The move toward on-chain equities and bank-backed stablecoins signals a shift in how institutional-grade assets are managed and accessed within decentralized finance. By leveraging regulated custodians and established banking frameworks, these projects aim to bridge the gap between traditional finance and blockchain-native utility.













