Aerodrome, the dominant DEX on Coinbase’s Base network, has launched liquidity pools for tokenized versions of Nvidia, Meta, Apple and Alphabet (Google) stocks. The tokens, issued by Coinbase as NVDAc, METAc, AAPLc and GOOGLc, are backed 1:1 by real shares held in custody at Alpaca under the Abu Dhabi Global Market regulatory framework. The total onchain value at launch reached approximately $4.55 million, and the governance token AERO surged about 11.3%. These tokenized stocks are only available to eligible users outside the United States. The Nvidia token pool held roughly $957,000 in liquidity at launch, making it the deepest of the four pools, with the other three each ranging between $619,000 and $669,000.
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