Coinbase has launched tokenized stocks on Base, its Ethereum layer-2 network, for eligible users outside the United States. The initial offering includes fractional shares of Apple and Nvidia, each representing a real share held by Alpaca, a regulated broker and custodian. These tokens can be held in self-custody wallets, traded on Aerodrome, or used as collateral on the decentralized lending protocol Aave. The platform uses Coinbase’s B20 token standard, which processes dividends and stock splits without changing token balances. More Coinbase-issued stocks and real-world assets will be added in the coming weeks.
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