Coinbase adds six tokenized stocks after $228M debut

Coinbase has added six tokenized equities, including Amazon, Microsoft, and Tesla, to Base after its first batch generated $227.7 million in decentralized exchange volume within about 30 days. Summary Six new equity tokens have joined Coinbase’s initial four-stock lineup on Base. Amazon, Microsoft, Strategy, SanDisk, SpaceX, and Tesla are included in the latest release. Token Terminal recorded $227.7 million in DEX volume for Coinbase-issued stock tokens over 30 days. U.S. persons remain unable to access the products under Coinbase’s current Regulation S offering. Base said on Sept. 4 that Amazon (AMZNc), Microsoft (MSFTc), Strategy (MSTRc), SanDisk (SNDKc), SpaceX (SPCXc) and Tesla (TSLAc) are now available onchain, expanding Coinbase’s tokenized stock range weeks after the initial release. The additions give eligible investors exposure to five publicly traded companies and privately held SpaceX through tokens that can move across supported applications on the Ethereum layer-2 network. Developers can also integrate the assets into trading, lending, and other financial products built for Base. Coinbase tokenized stocks expand beyond the first four assets Coinbase started its Base r...