Chainlink unlocks DeFi lending for Coinbase tokenized stocks

Chainlink has introduced price feeds for four Coinbase tokenized stocks on Base, giving DeFi protocols the data needed to assess NVDAc, METAc, AAPLc, and GOOGLc as collateral. Summary Chainlink Data Feeds provide continuous valuations for four Coinbase tokenized stocks on Base. Lending protocols can use the feeds to manage borrowing limits, loan health, and liquidations. Each B20 token represents an interest in a U.S.-listed share held through a regulated custody structure. Coinbase restricts the products to eligible non-U.S. investors under its current offering terms. Chainlink feeds support tokenized stock collateral Chainlink said in an Aug. 26 X announcement that its Data Feeds allow DeFi protocols to integrate Coinbase Tokenized Stocks as collateral, extending their use beyond holding and secondary-market trading. The first supported assets represent Nvidia, Meta, Apple, and Alphabet shares under the tickers NVDAc, METAc, AAPLc, and GOOGLc. Coinbase issued the products on Base using B20, a token standard developed for tokenized real-world assets. According to Chainlink’s documentation, each feed reports the total return value of the corresponding B20 token. The calculation com...