Coinbase has launched tokenized stocks on its Base blockchain, on-chain representations of U.S. equities backed by actual shares held under regulated custody. This offering is restricted to jurisdictions outside the United States and includes integration with Beefy Finance, an autocompounding yield optimization platform. The launch has increased market-implied odds of a Base token launch by December 31, 2026, from 9% to 12%, signaling growing investor confidence in the ecosystem.
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