Aave has launched an Equities Hub on Base within Aave V4, allowing eligible non-U.S. users to deposit Coinbase-issued tokenized U.S. equities as collateral to borrow USDC. Seven stocks are supported: Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla. These tokens represent certificates linked to real shares held in segregated custody at Alpaca Securities. The tokenized equities can only be used as collateral and cannot be borrowed themselves, with Chainlink providing the pricing data. This launch marks the entry of tokenized stocks into DeFi lending territory, following their emergence as buyable, sellable and transferable onchain assets.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
