coin-img-SOLSOL+0.89%coin-img-BTCBTC+1.68%coin-img-ETHETH+0.77%coin-img-HYPEHYPE-4.29%coin-img-XRPXRP-2.90%coin-img-USDCUSDC+0.01%coin-img-DOGEDOGE-4.62%coin-img-PENDLEPENDLE-7.15%coin-img-SOLSOL+0.89%coin-img-BTCBTC+1.68%coin-img-ETHETH+0.77%coin-img-HYPEHYPE-4.29%coin-img-XRPXRP-2.90%coin-img-USDCUSDC+0.01%coin-img-DOGEDOGE-4.62%coin-img-PENDLEPENDLE-7.15%coin-img-SOLSOL+0.89%coin-img-BTCBTC+1.68%coin-img-ETHETH+0.77%coin-img-HYPEHYPE-4.29%coin-img-XRPXRP-2.90%coin-img-USDCUSDC+0.01%coin-img-DOGEDOGE-4.62%coin-img-PENDLEPENDLE-7.15%coin-img-SOLSOL+0.89%coin-img-BTCBTC+1.68%coin-img-ETHETH+0.77%coin-img-HYPEHYPE-4.29%coin-img-XRPXRP-2.90%coin-img-USDCUSDC+0.01%coin-img-DOGEDOGE-4.62%coin-img-PENDLEPENDLE-7.15%

Coinbase launches tokenized stocks on Base, taps Chainlink for pricing

AI Market Summary
Coinbase's tokenized stocks launching on Base, with 24/7 trading and DeFi composability, broadens onchain access to traditional equities and could increase activity across Coinbase's L2 ecosystem. The 1:1 backing via shares held in a regulated trust reduces settlement and counterparty concerns relative to synthetic exposure. Chainlink's designation as official pricing infrastructure strengthens oracle credibility for tokenized real-world assets as more listings are planned.
Impact level
● Medium
Affected assets
NCSKCOIN2USD/USDT-3.80%
AI Insight · NCSKCOIN2USD/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Coinbase's tokenized stocks are now live on Base, enabling round-the-clock trading and integration across the network's DeFi applications. Coinbase said each token is backed 1:1 by the corresponding share, which is held in a regulated trust. Chainlink said Coinbase has chosen its oracles as the official pricing infrastructure for the offering, supplying $LINK price feeds for the new listings. Base said more tokenized stocks are expected to be added soon.
Selected
LINK
LINK-0.76%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.