Apple And Nvidia Tokenized Stocks Can Now Back USDC Loans On Aave

TL;DR Aave V4 on Base has launched an Equities Hub accepting seven Coinbase tokenized U.S. stocks as collateral. Eligible non-U.S. users can deposit tokens representing Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla shares to borrow USDC. The tokenized equities are collateral-only at launch and use Chainlink market data for pricing. Tokenized stocks are starting to do something more interesting than simply trade. Aave V4 has launched an Equities Hub on Base that lets eligible users post Coinbase-issued tokenized U.S. equities as collateral and borrow USDC against them. Seven stocks are supported at launch: Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla. Tokenized Shares Become Borrowing Collateral Each asset is issued by Coinbase Onchain SPV Ltd. and represents a certificate linked to underlying shares held at Alpaca Securities in segregated custody. That gives holders economic exposure to real equities rather than a synthetic token whose value merely references the share price. On Aave, those tokens can now be supplied into a dedicated collateral market. USDC is the only borrowable asset at launch. The equities themselves cannot be borrowed, and users canno...