Coinbase Brings Tokenized Stocks to Ethereum L2 Base

Coinbase Brings Tokenized Stocks to Ethereum L2 Base

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In brief Base has added Coinbase-issued tokenized stocks for eligible users outside the U.S. The initial offering includes fractional shares of Apple and Nvidia. Users can hold the tokens in self-custody wallets or trade them on Aerodrome. The team behind Base, Coinbase’s Ethereum layer-2 network, said on Monday that Coinbase-issued tokenized stocks are now live on the blockchain for eligible users outside the United States.In a post on X, the Base team said each token represents a share held by Alpaca, a regulated broker and custodian.

Source: Decrypt


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