Chainlink powers tokenized stocks on Base as market hits $2.3B record
Coinbase has struck a partnership with Chainlink that puts institutional-grade market data behind its newly launched tokenized stocks, a move designed to turn equity tokens into something DeFi users can actually lend, borrow, and trade rather than simply hold. The deal, announced August 24, 2026, makes Chainlink the official oracle infrastructure for tokenized stocks on Base, Coinbase’s own blockchain, and it arrives just as tokenized equities are becoming one of the fastest-expanding corners of the real-world-asset market.
Key takeaways
- Coinbase has selected Chainlink as the official oracle infrastructure powering its Tokenized Stocks product on Base.
- Each tokenized stock is issued as a B20 token backed 1:1 by a real share held in regulated custody with Alpaca under the Abu Dhabi Global Market (ADGM) framework.
- Chainlink Data Feeds give continuous pricing for tokens including NVDAc, METAc, AAPLc, and GOOGLc, letting DeFi protocols treat them as collateral.
- Tokenized equities as an asset category hit a record $2.3 billion by mid-July 2026.
- Coinbase Tokenized Stocks remain restricted to eligible jurisdictions outside the United States.
Coinbase Partners with Chainlink for Tokenized Stocks on Base
Chainlink is now the designated oracle layer behind Coinbase’s tokenized stock lineup, supplying the pricing data that makes those assets usable beyond a simple wallet balance. Coinbase, the largest publicly traded digital asset exchange in the United States, selected Chainlink specifically to unlock utility and distribution for these assets across the Base DeFi ecosystem.
… Continue reading the full article at the original source below.
