Coinbase Selects Chainlink Oracle for Tokenized Stocks on Base DeFi
Coinbase selected Chainlink as the official oracle infrastructure for its newly launched Tokenized Stocks on the Base DeFi ecosystem. The setup supports continuous pricing and 24/7 collateral management for DeFi lending, exchanges and structured products, enabling users to lend, borrow and trade tokenized U.S. equities. Each token is backed 1:1 by an underlying share held in regulated custody with Alpaca under the ADGM framework.