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Deployments · platform by Coinbase

Coinbase Tokenized Stocks on BaseUpdated 16 Oct 2026

Tokens on Coinbase's Base network, each initially a one-to-one beneficial interest in a US share held in segregated custody, issued by Coinbase's ADGM vehicle Coinbase Onchain SPV Ltd under the Abu Dhabi regulator's supervision. Announced in June 2026 and live from 24 August 2026 for eligible users outside the US, starting with Apple, Nvidia, Meta and Alphabet. Tokens use Base's B20 standard, which passes dividends through a multiplier, and can be traded and used as collateral across Base DeFi. Crypto-native issuer.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (limited) since 24 Aug 2026[3] — Eligible non-US users only; about $27 million outstanding in October 2026. · Reviewed today

Assets
Beneficial interest[6]
B20 tokens, each initially a 1:1 beneficial interest in a US share held in segregated custody
Networks
Base Public, permissionless[7]
Use cases
Secondary trading[5][3]
Jurisdictions
Abu Dhabi Global Market (ADGM)

Participants

Assets

Data feeds

Metrics

  • 100 tokensTokenised stocks listed · as of 13 Oct 2026context[6]
    39 have a first mint date. Recorded on ledger: the ledger mirrors an ownership record kept elsewhere, so this balance is counted in the separate recorded-on-ledger figure, not in totals.
  • ~$27.23mValue of tokenised stocks · as of 13 Oct 2026 · on Basecontext[6]
    Our calculation: total supply x multiplier x Chainlink NAV for the nine tokens with figures in Coinbase's API. Recorded on ledger: the ledger mirrors an ownership record kept elsewhere, so this balance is counted in the separate recorded-on-ledger figure, not in totals.

Timeline

  1. Happened 24 Aug 2026 · Launch · recorded 13 Oct 2026
    The first four tokens (Apple, Nvidia, Meta, Alphabet) go live on Base for eligible users outside the US.[3][4]
  2. Happened 16 Jun 2026 · Announcement · recorded 13 Oct 2026
    Coinbase says it will offer one-to-one backed tokenised US stocks that users can buy, trade, hold and redeem, with dividends passed through.[2]

Sources

  1. [1]Chainlink's Work With Major Tokenized Asset Platforms and Stablecoin Issuers — Chainlink. Accessed 16 Oct 2026. Chainlink's own round-up of client announcements (provider self-report); undated page..B
  2. [2]Coinbase launching tokenized US stocks, backed 1:1, with holders able to receive dividends — The Block, 16 Jun 2026. Accessed 13 Oct 2026.C
  3. [3]Coinbase Tokenized Stocks Go Live on Base With Apple, Nvidia, Meta and Alphabet — Genfinity, 25 Aug 2026. Accessed 13 Oct 2026.C
  4. [4]Coinbase brings tokenized US stocks onchain, but only outside America — Opalesque, 25 Aug 2026. Accessed 13 Oct 2026.C
  5. [5]Coinbase Tokenize — Coinbase. Accessed 13 Oct 2026.B
  6. [6]Tokenized Stocks API: list tokenized stocks — Coinbase. Accessed 13 Oct 2026. Public read-only issuer API documented at docs.base.org..B
  7. [7]List Tokenized Stocks — Base. Accessed 13 Oct 2026.A

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