Coinbase launches tokenized stocks on Base, boosting future token prospects

Coinbase has launched tokenized US stocks on the Base platform, featuring one-for-one share backing, self-custody, and 24/7 trading. By selecting Chainlink for this integration, Coinbase aims to accelerate the development of tokenized assets and boost market innovation. These onchain equities are fully integrated across DeFi, which may drive overall growth within the ecosystem. Furthermore, this strategic move is seen as a factor that could increase the likelihood of a future Base token release.