Coinbase Selects Chainlink To Bring New Tokenized Stocks to Millions of DeFi Users

Chainlink is delivering continuous pricing for Coinbase Tokenized Stocks as its official oracle infrastructure, enabling millions of Base users to lend, borrow, and trade the largest publicly traded U.S. equities onchain.

SAN FRANCISCO, August 24, 2026 /PRNewswire/ -- Coinbase, the largest publicly traded digital asset exchange in the United States, has selected Chainlink as its official oracle infrastructure powering its newly launched Tokenized Stocks, unlocking utility and distribution across the Base DeFi ecosystem.

Through Chainlink Data Feeds, builders across the Base ecosystem have access to continuous pricing for Coinbase's tokenized stocks, including NVDAc, METAc, AAPLc, GOOGLc, and more. This data enables leading DeFi protocols, including lending markets, decentralized exchanges, and structured product platforms, to support tokenized equities as collateral, transforming tokenized equities from standalone tokens into fully composable building blocks.

Coinbase Tokenized Stocks are real equity securities issued as standard B20 tokens on Base. Each token is backed 1:1 by an underlying share held in regulated custody with Alpaca under the Abu Dhabi Global Market (ADGM) framework. With Coinbase as the issuer, Chainlink delivers the essential market data infrastructure required to unlock onchain utility and distribution across the Base ecosystem.

Tokenized equities represent one of the fastest-growing categories of real-world assets, reaching a record $2.3 billion by mid-July 2026. However, without institutional-grade market data, the utility of tokenized equities are limited to simple transfers and swaps. By selecting Chainlink as its official oracle solution, Coinbase is unlocking advanced 24/7 collateral management use cases, enabling millions of Base users to earn yield and borrow against U.S. stocks.

"Base has built one of the most vibrant DeFi ecosystems out there, and Chainlink's oracle infra unlocks new utility for tokenized assets. With institutional-grade market data now live onchain, we're giving millions of users access to financial primitives that, until now, were locked behind traditional gatekeepers. This is the kind of move that positions Base as the go-to chain for real-world assets." — Antonio Garcia-Martinez, Head of Growth, Base.

"Tokenized assets only reach their full potential when the broader ecosystem can build with them across DeFi. We're excited to see Coinbase select Chainlink as its official oracle infrastructure for Coinbase Tokenized Stocks. With Chainlink, Coinbase leverages the secure, reliable pricing data required to unlock the utility and distribution of tokenized stocks across DeFi, while accelerating the convergence of TradFi and DeFi." — Johann Eid, Chief Business Officer, Chainlink Labs

This development marks a major milestone in the convergence of traditional capital markets and onchain finance. As one of the world's most trusted digital asset platforms bringing equities onchain at scale, Coinbase is accelerating mainstream access to the onchain economy, with Chainlink providing the critical infrastructure required to unlock utility and distribution for tokenized stocks across DeFi.

Coinbase Tokenized Stocks are only available in eligible jurisdictions outside of the U.S.

About Coinbase
Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom in the world. The most trusted crypto platform, Coinbase stores more digital assets than any other company and is building the everything exchange — one place to access crypto, equities, derivatives, prediction markets, and more. Coinbase serves consumers through its suite of financial apps, institutions through Coinbase Prime, and developers through the Coinbase Developer Platform. Every experience runs on Coinbase's full-stack platform powering the future of finance: secure custody, deep exchange liquidity, stablecoin infrastructure, and global settlement rails — all built on a decade-plus foundation of security and compliance.

About Chainlink
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and the market leader powering the majority of DeFi. The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.

Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree, ANZ, and top protocols such as Aave, Polymarket, Lido, Lighter, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link.

About Base
Base is a blockchain built by Coinbase to power the global onchain economy. Designed for trading, payments, and agents, Base delivers sub-second settlement and sub-cent transaction costs at scale. It is the #1 onchain venue for BTC and ETH spot trading, the leading chain for stablecoin volume, and the dominant rail for agentic payments via the x402 standard. EVM-compatible and trusted by leading institutions, Base is used by millions of people worldwide.

SOURCE Chainlink