Coinbase has selected Chainlink as its official oracle infrastructure powering its newly launched Tokenized Stocks, unlocking utility and distribution across the Base DeFi ecosystem.

Through Chainlink Data Feeds, builders across the Base ecosystem have access to continuous pricing for Coinbase’s tokenized stocks, including NVDAc, METAc, AAPLc, GOOGLc, and more. This data enables leading DeFi protocols, including lending markets, decentralized exchanges, and structured product platforms, to support tokenized equities as collateral, transforming tokenized equities from standalone tokens into fully composable building blocks.

Coinbase Tokenized Stocks are real equity securities issued as standard B20 tokens on Base. Each token is backed 1:1 by an underlying share held in regulated custody with Alpaca under the Abu Dhabi Global Market (ADGM) framework. With Coinbase as the issuer, Chainlink delivers the essential market data infrastructure required to unlock onchain utility and distribution across the Base ecosystem.

By selecting Chainlink as its official oracle solution, Coinbase is unlocking advanced 24/7 collateral management use cases, enabling millions of Base users to earn yield and borrow against U.S. stocks.

“Base has built one of the most vibrant DeFi ecosystems out there, and Chainlink’s oracle infra unlocks new utility for tokenized assets. With institutional-grade market data now live onchain, we’re giving millions of users access to financial primitives that, until now, were locked behind traditional gatekeepers. This is the kind of move that positions Base as the go-to chain for real-world assets,” said Antonio Garcia-Martinez, Head of Growth, Base.

“Tokenized assets only reach their full potential when the broader ecosystem can build with them across DeFi. We’re excited to see Coinbase select Chainlink as its official oracle infrastructure for Coinbase Tokenized Stocks. With Chainlink, Coinbase leverages the secure, reliable pricing data required to unlock the utility and distribution of tokenized stocks across DeFi, while accelerating the convergence of TradFi and DeFi,” added Johann Eid, Chief Business Officer, Chainlink Labs.

This development marks a major milestone in the convergence of traditional capital markets and onchain finance. As one of the world’s most trusted digital asset platforms bringing equities onchain at scale, Coinbase is accelerating mainstream access to the onchain economy, with Chainlink providing the critical infrastructure required to unlock utility and distribution for tokenized stocks across DeFi.

Coinbase Tokenized Stocks are only available in eligible jurisdictions outside of the U.S.