Coinbase has named Chainlink its official oracle infrastructure for tokenized stocks on the Base layer-2 network, giving DeFi protocols continuous pricing for U.S. equities including NVDAc, METAc, AAPLc and GOOGLc. The move unlocks collateral use cases for a tokenized equities market that reached $2.3 billion by mid-July 2026.
Coinbase selected Chainlink as its official oracle for tokenized stocks on Base, opening a $2.3 billion RWA market to DeFi lending and borrowing.
"Tokenized assets only reach their full potential when the broader ecosystem can build with them across DeFi," Johann Eid, chief business officer at Chainlink Labs, said.
Chainlink Data Feeds now deliver continuous pricing for Coinbase's tokenized stocks, including NVDAc, METAc, AAPLc and GOOGLc, on Base. Each token is backed 1:1 by an underlying share held in regulated custody with Alpaca under the Abu Dhabi Global Market framework. The integration lets lending markets, decentralized exchanges and structured product platforms accept tokenized equities as collateral, transforming them from standalone tokens into composable building blocks.
Tokenized equities reached a record $2.3 billion by mid-July 2026, one of the fastest-growing categories of real-world assets. Without institutional-grade market data, tokenized equities were limited to simple transfers and swaps. The Chainlink integration unlocks advanced 24/7 collateral management use cases, enabling millions of Base users to earn yield and borrow against U.S. stocks.
Antonio Garcia-Martinez, head of growth at Base, said the integration gives millions of users access to financial primitives that were previously locked behind traditional gatekeepers. "This is the kind of move that positions Base as the go-to chain for real-world assets," he said.
Chainlink's infrastructure already supports major financial institutions including Swift, Euroclear, Mastercard, Fidelity International, UBS and S&P Dow Jones Indices, as well as protocols such as Aave, Polymarket and Lido. The oracle network has enabled tens of trillions in transaction value since inventing decentralized oracle networks. Chainlink also operates a fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Coinbase Tokenized Stocks are available only in eligible jurisdictions outside the United States. The announcement follows a broader pattern of Coinbase-Chainlink collaboration, including Project Diamond and DataLink initiatives. These efforts show Coinbase's commitment to building out its tokenized asset infrastructure with oracle and interoperability layers.
The integration could accelerate demand for Chainlink's oracle services as more tokenized assets require institutional-grade pricing data. It also strengthens the bridge between traditional equities and DeFi, with Base positioned as the primary venue for onchain securities trading. Prediction markets now price a 12 percent probability of a Base token launch by December 2026, up from 9 percent a day earlier and 7 percent a week prior. The partnership marks a milestone in the convergence of traditional capital markets and onchain finance, bringing equities onchain at scale through one of the world's largest digital asset exchanges.
This article is for informational purposes only and does not constitute investment advice.
