Aave V4 on Base adds Coinbase tokenized stocks as USDC collateral
Aave V4 on Base has introduced seven Coinbase tokenized stocks as collateral for USDC loans for eligible non-U.S. users, supported by Chainlink price feeds.
Aave V4 on the Base network has launched an equities collateral offering supporting seven Coinbase tokenized stocks, allowing eligible non-U.S. users to borrow USDC against their equity holdings. The supported assets include Apple (AAPL), Amazon (AMZN), Alphabet (GOOGL), Meta (META), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA).[6][4][2][5][7][1]
Chainlink supplies the price feeds for the tokenized equities. According to commentary from Kook Capital, the feeds operate on a 24/5 basis and hold the last closing market print during weekends and holidays, leaving collateral health to drift only with accrued borrowing interest during market closures. At launch, the tokenized stocks serve strictly as collateral and cannot be borrowed directly, ruling out equity-against-equity borrowing loops.[2][5][1]
The integration arrived alongside a broader 10-day series of traditional finance tokenization initiatives highlighted by Coin Bureau. According to Coin Bureau's recap, recent institutional moves include the European Central Bank launching its Pontes settlement platform, an SEC Innovation Exemption for onchain stock venues, a pending NYSE deal with Blockchain.com, DTCC targeting a tokenization launch in the fourth quarter of 2026, and interbank tokenized deposit settlements by Lloyds, NatWest, and Barclays.[3]
Key facts
- Aave V4 on Base added seven Coinbase tokenized stocks—Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla—as accepted collateral for borrowing USDC.
- Borrowing USDC against the Coinbase tokenized stocks on Aave V4 is restricted to eligible non-U.S. users.
- Chainlink provides 24/5 price feeds for the tokenized stocks, holding the last print on weekends and holidays so collateral health fluctuates only on accrued interest.
- At launch, the tokenized equities can only be posted as collateral and cannot be borrowed, preventing equity-against-equity looping.
- Coin Bureau reported that the SEC approved an Innovation Exemption for onchain venues trading tokenized stocks, and the DTCC is on track for a Q4 2026 tokenization rollout.
- Coin Bureau also cited recent institutional moves including the ECB's Pontes platform launch, a pending NYSE-Blockchain.com agreement, and interbank tokenized deposit trials by UK banks.
Sources · 6 sources
- KO
kook@KookCapitalLLCPost on X ·
tokenization moved past the wrapper headline aave v4 on base just stood up an equities hub coinbase tokenized stocks are live as collateral aaplc amznc googlc metac msftc nvdac tslac seven mag7 names post any mix of them borrow usdc against that stack non us only at the issuer gate collateral only at launch you cannot borrow the equities themselves no equity against equity loops yet chainlink runs the 24/5 tokenized equity feeds weekend and holiday pricing holds the last print so health only drifts on interest in that window this is the usable layer not another issuance press release about wrapping a stock the wrapper already exists now it plugs into defi credit on base sep 25 stack note without redoing the blackrock basket product issuing the portfolio token was one step using mag7 stock wrappers as usdc collateral is the next one rails getting usable credit against real equity exposure onchain we find out
Open source - CO
CoinDesk@CoinDeskPost on X ·
NEW: @Coinbase tokenized stocks are now live as collateral on @Aave V4 on @Base, letting eligible non-U.S. users borrow $USDC against real equity holdings, with @Chainlink providing price feeds. https://t.co/0gplk6iMdz
Open source - CB
Coin Bureau@coinbureauPost on X ·
Is the era of MASS TOKENIZATION finally here? In just 10 days, regulators and banks across the US, Europe, the UK and Canada all moved to bring finance onchain. Here's the recap: 1. The SEC approved an "Innovation Exemption" letting certain onchain venues trade tokenized US stocks for up to 5 years. 2. DTCC, which holds $114 TRILLION in US securities, is on track to launch its tokenization service in Q4 2026. 3. The European Central Bank launched Pontes, letting banks settle tokenized assets directly in central bank money. 4. The NYSE signed a deal to bring tokenized US stocks and ETFs to Blockchain dot com's 44 MILLION accounts, pending regulatory approval. 5. The CFTC now lets US brokers invest customer funds in tokenized assets and keep records on-chain. 6. Lloyds, NatWest and Barclays completed what UK Finance calls the world's first interbank transactions using tokenized deposits. 7. Canada's six biggest banks are jointly exploring tokenized Canadian dollar deposits. 8. IBM connected its platform to Swift's blockchain ledger in beta, letting banks move tokenized deposits 24/7. 9. Ondo launched three tokenized portfolios built on BlackRock-developed strategies for non-US investors. 10. Non-US users can now borrow USDC on Aave against seven Coinbase tokenized stocks, including Apple and Nvidia. 11. Cathie Wood's ARK is tokenizing its venture fund, which holds OpenAI and Anthropic, with a $500 minimum. Stocks, funds, bank deposits and collateral are starting to move onchain, and it's happening through the biggest names in finance.
Open source - TB
The Block@TheBlockCoPost on X ·
Aave V4 on Base adds Coinbase tokenized stocks as collateral for USDC loans https://t.co/hKAqGo2XRx
Open source - CB
Crypto Briefing@Crypto_BriefingPost on X ·
📈NEW: Coinbase Tokenized Stocks are now live on Aave V4 on Base, letting eligible users outside the US use tokenized tech stocks as collateral to borrow USDC. Supported assets include $AAPL, $AMZN, $GOOGL, $META, $MSFT, $NVDA and $TSLA, with Chainlink providing pricing. https://t.co/ljyU3w8NOI
Open source - TB
The BlockArticle ·
Aave V4 on Base adds Coinbase tokenized stocks as collateral for USDC loans Aave V4 added Apple, Nvidia, Tesla, and four more tokenized stocks as collateral for USDC loans for non-U.S. users.
Open source - CB
Crypto Briefing@Crypto_BriefingPost on X ·
📈NEW: Coinbase Tokenized Stocks are now live on Aave V4 on Base, letting eligible users outside the US use tokenized US tech stocks as collateral to borrow USDC. Supported assets include $AAPL, $AMZN, $GOOGL, $META, $MSFT, $NVDA and $TSLA, with Chainlink providing pricing. https://t.co/YXN4JGndrb
Open source