TLDR Fintech · LAUNCHES & PRODUCTS
COINBASE LAUNCHES TOKENIZED STOCKS ON BASE FOR NON-US USERS
Summary from the TLDR Fintech newsletter
Coinbase launched tokenized versions of Nvidia, Apple, Meta, and Alphabet on Base, giving eligible non-US users 24/7 access to transferable, self-custodied equities backed by underlying shares held through Alpaca. The launch combines Coinbase issuance and settlement with Chainlink pricing and DeFi integrations across roughly 50 apps, but introduces new operational wrinkles around frozen 24/5 price feeds, KYC-dependent redemption and voting rights, and jurisdictional restrictions.