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      Coinbase Launches Tokenized Stocks for Non-US Users

      Coinbase has introduced tokenized versions of four major technology stocks, allowing eligible non-US users to hold these assets in a self-custodial wallet without needing a brokerage account. The stocks include Nvidia (NVDAc), Apple (AAPLc), Meta (METAc), and Alphabet (GOOGLc), which are now available on the Base platform. This launch marks a significant step in the integration of traditional equities into the blockchain space, with the tokens backed 1:1 by shares held in a regulated trust.

      The tokenized stocks are part of a growing market that now totals approximately $2.49 billion, with Coinbase entering as a new player among established competitors. As of late Monday, the combined on-chain value of the four tokens was around $4.55 million, with NVDAc being the most prominent, trading closely in line with Nvidia's stock price. The liquidity for these tokens is primarily provided by Aerodrome, which holds significant amounts behind each token, facilitating trading and investment.

      However, the launch raises concerns regarding potential liquidation risks due to the structural mismatch between the trading hours of the tokens and the underlying stock prices. Chainlink's price feeds, which provide the necessary data for these tokens, operate 24/5 and freeze during corporate actions, while the tokens themselves trade continuously. This could lead to situations where collateral is marked to outdated prices, particularly over weekends, posing a risk for users engaged in lending or trading activities.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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