Coinbase has introduced tokenized stocks on its Layer-2 network Base, enabling 24/7 trading of major equities such as NVDAc, GOOGLc, and AAPLc. The move aims to bring traditional stock exposure into the blockchain trading ecosystem and expand user options beyond cryptocurrencies.
Within 30 days, these tokenized equities generated $399.3 million in decentralized exchange trading volume on Base. Aerodrome accounted for $324.6 million of that total, while Uniswap v4 and Uniswap v3 contributed $64.5 million and $7.5 million respectively, according to data cited by crypto commentators.
The strong early activity signals growing demand for fractional, always-available equity trading in DeFi. Coinbase is positioning the product as a bridge between traditional stock traders and crypto users, though regulatory scrutiny and market volatility remain potential risks as tokenized asset adoption expands.