Original sourcechaingridnews.com
Summary
Coinbase's tokenized stocks are now available on the Base network using the B20 standard, offering four US stocks at a 1:1 peg: NVIDIA, Meta, Apple, and Alphabet. Each token represents real shares custodied by Alpaca Securities, issued by Coinbase Onchain SPV Ltd. Participation is limited to non-US…
Key points
- Non-US investors can trade US stocks on-chain 24/7 and use them in DeFi, creating a new use case at the intersection of crypto and traditional finance.
- Coinbase launches 1:1 pegged tokenized stocks on Base, allowing compliant non-US investors to trade US stocks on-chain 24/7 and engage in DeFi.
- Expands crypto asset applications and boosts Base ecosystem liquidity, but is limited by regulation to non-US users.
Editorial note
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