Bankless
Coinbase Launches Tokenized Stocks on Base | Jesse Pollak
- Coinbase launched tokenized stocks on Base blockchain, starting with Nvidia, Meta, Apple, and Google, with plans to expand to thousands of equities globally.
- Tokenized stocks are one-to-one representations with real claims on underlying shares, including dividend rebasing and governance rights.
- Stocks are permissionless and globally available on-chain but restricted at the UI layer for US users; they're fully composable with Base's DeFi ecosystem including Aerodrome, Morpho, and Aave.
- Neo-banks are evolving into neo-brokerages by combining crypto rails (stablecoins, payments) with equities, lending, and yield-generation products to offer comprehensive financial services.
- Jesse Pollak is focusing on Base as the blockchain for global finance, emphasizing multi-currency stablecoins (22–23 live currencies), portfolio lending infrastructure, and local fiat on-ramps.
- The long-term vision is an "everything exchange" enabling trading, payments, and credit seamlessly across stocks, currencies, commodities, and other assets on a single global platform.