Coinbase launched tokenized versions of four major US tech stocks on August 24, including NVDAc for Nvidia, each backed one-to-one by underlying shares held in custody. Aerodrome, the decentralized exchange built by Dromos Labs on Base, deployed liquidity pools on launch day, attracting roughly $4.55 million in total liquidity, with approximately $957,000 for NVDAc alone. The AERO token rose about 11% on the news. Alex Cutler, CEO of Dromos Labs, argues that price gaps observed on these tokens reflect genuine real-time price discovery, not a liquidity-driven inefficiency. Dromos Labs, founded around 2022, has taken no venture capital funding and has not issued its own token.
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