Coinbase tokenized stocks go live on Base with 1:1 backing

Coinbase has brought four 1:1-backed U.S. stock products to Base, allowing eligible non-U.S. investors to trade Apple, NVIDIA, Meta and Alphabet exposure around the clock. Summary Four Coinbase tokenized stocks have launched on Base under the network’s B20 standard. Each token represents a beneficial interest in a real share held in segregated regulated custody. Eligible holders can trade the tokens or use supported products in Base-based lending and DeFi protocols. The securities remain unavailable to U.S. persons and have not been registered under the U.S. Securities Act. Base said in an Aug. 25 announcement that Coinbase Tokenized Stocks are now available natively on the Ethereum layer-2 network, moving a product previously offered by the exchange into an open onchain environment. The initial list includes NVIDIA under the ticker NVDAc, Meta as METAc, Apple as AAPLc, and Alphabet as GOOGLc. Base published a separate prospectus and contract address for each asset, asking users to verify the address before buying because tokens outside the official list were not issued by Coinbase. Coinbase tokenized stocks use beneficial ownership structure Under the product’s legal structure, ea...