Coinbase tokenized stocks in DeFi soar to $262M on Base platform

Coinbase Half of the market value of Coinbase-issued tokenized stocks is now deposited in decentralized finance (DeFi) applications on Base, according to data from Token Terminal. These tokenized stocks, which include fractional shares of major companies like Apple and Nvidia, are accessible to eligible non-U.S. users on the Base platform. The deployment of approximately $262.4 million in these assets across DeFi protocols marks a significant increase from just $14.66 million at the start of 2026. This development highlights the growing integration of tokenized equities into the DeFi ecosystem, enabling their use beyond passive holding, such as on decentralized exchanges and as collateral for lending. Key Takeaways The current deployment of Coinbase-issued tokenized stocks in DeFi apps on Base suggests increased confidence in the platform’s ecosystem. Market participants appear to view this growth in tokenized stock usage as supportive of a potential Base token launch by the end of 2026. The rise in tokenized stock deposits is consistent with enhanced integration of equity-like assets into DeFi, reflecting broader market trends. What to Watch The potential impact of this developmen...