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Coinbase Selects Chainlink Oracle for Tokenized Stocks on Base DeFi

Coinbase logoCoinbase
Sig3.35Sen+7.05Env0.00Soc+2.60Gov+1.15
Interlink Electronics logoInterlink Electronics
Sig4.61Sen+6.27Env0.00Soc+2.04Gov+2.58

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.

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