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Coinbase launches tokenized stocks on Base network, starting with Apple and Nvidia.
In the past 24 hours, Coinbase has introduced tokenized versions of major U.S. stocks, including Apple and Nvidia, on its Base blockchain. This move aims to provide investors outside the U.S. with 24/7 access to U.S. equities. The tokens are backed by underlying shares held by custodian Alpaca and are issued under Abu Dhabi Global Market (ADGM) regulation.
Key points
- Coinbase launches tokenized stocks on Base network, starting with Apple and Nvidia.
Sources
AI-generated from public news sources. Not financial advice.
