Coinbase's tokenized U.S. stocks on the Base blockchain generated $1.5 billion in decentralized exchange volume over the past 30 days, a 313% jump from the prior 30-day period. The tokens track shares like Nvidia, Apple, and Google, backed by equities held in regulated custody outside the U.S.
Trading in Coinbase's tokenized stocks on Base jumped to $1.5 billion in decentralized exchange volume over the past 30 days, up 313% from the previous 30-day period. The surge makes the tokenized stocks one of the more active segments trading on Base's decentralized exchange platforms.
The tokens, listed under tickers including NVDAc, AAPLc, and GOOGLc, represent shares in Nvidia, Apple, and Google. Each token is backed by equities held in regulated custody outside the United States. Market participants have increasingly engaged with these tokenized equity products, pushing volume well above the prior month's levels.
Prediction markets tied to the story tie the volume surge to expectations around a potential Base token launch. Market pricing implies the trend could positively influence those expectations, though no launch has been confirmed.
Contracts tracking the question show odds of 8% for a launch by December 31, 2026, rising to 35.5% by July 1, 2027, and 48% by January 1, 2028. Market participants are likely to watch for public statements from Coinbase executives, regulatory updates on token launches, and any partnerships or technical upgrades to the Base ecosystem.
Source: Crypto Briefing
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