Coinbase Debuts Tokenized Stocks on Base Network

Summary

• Coinbase launched tokenized U.S. equities on Base on August 24 2026 using the B20 standard.
• Thirteen stocks including NVDAc, METAc, and AAPLc are available for 24/7 trading outside the United States.
• Bitwise created automated portfolios from the tokens with 0.15 percent fees and self-custody options.

Coinbase launched tokenized versions of major U.S. equities on its Base blockchain on August 24 2026. The tokens represent real ownership of stocks such as Nvidia, Meta, Apple, and Alphabet. Global users can trade them around the clock while U.S. participants remain excluded.

Coinbase puts actual equities on-chain rather than synthetics.

Context

Institutions show rising interest in bringing traditional assets onto blockchains. A 2026 survey found that 67 percent of institutions now prioritize asset tokenization over the next two years. Coinbase's move aligns with this trend and positions Base as a venue for tokenized equities.

The launch follows earlier experiments with blockchain-based equities but uses Coinbase-issued tokens that track underlying shares directly.

U.S. regulatory limits keep domestic users out. This narrows the initial user base yet opens access for international markets seeking continuous trading.

Details

The offering includes 13 tokenized stocks built on the B20 standard. Examples include NVDAc, METAc, and AAPLc. These tokens live natively on Base and support transfers, lending, and other on-chain activities without traditional brokerage hours.

Bitwise immediately integrated the tokens into three automated portfolios focused on AI, robotics, and tech themes. The portfolios apply equal weighting to selected names, allow self-custody, and charge 0.15 percent in fees. Users outside the United States can access these strategies directly on-chain.

"Today, we took a big step towards that vision as tokenized stocks issued by Coinbase, built on the B20 standard, are now live natively on Base."

, Coinbase (Source)

U.S. regulatory exclusion continues to limit domestic participation and leaves compliance questions open for future expansion.

Outlook

Market participants will watch whether additional tokens and portfolio products follow. They will also track how trading volumes develop on Base. Regulators may provide clearer pathways for U.S. involvement in the coming months.