Base adds six new Coinbase tokenized stocks including Amazon and Tesla

Coinbase just doubled its tokenized stock lineup on Base. Six new tickers, covering Amazon, Microsoft, SpaceX, Tesla, SanDisk, and MicroStrategy (now known as Strategy), have joined the platform’s growing roster of onchain equities, bringing the total to ten tradeable tokenized stocks. The expansion comes weeks after Coinbase’s initial launch of tokenized stocks on August 24, which debuted with four tokens representing shares in Nvidia, Apple, Meta, and Alphabet. That first batch generated roughly $4.5 million in minted supply and $10.8 million in trading volume within its first 24 hours. What tokenized stocks actually are Think of these tokens as digital wrappers around real shares. Each B20 token, Coinbase’s proprietary standard for tokenized equities, represents a 1:1 beneficial claim on an underlying share held in regulated custody by Alpaca. So when you hold an AMZNc token in your self-custody wallet, there’s an actual Amazon share sitting in a custodial account backing it up. These tokens unlock capabilities that traditional brokerage accounts simply can’t match. Trading happens 24/7, not just during market hours. Fractional ownership means you don’t need to shell out for a f...