Half of Coinbase’s tokenized stocks now sit in DeFi apps on Base, reaching $262.4M

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Half of Coinbase’s tokenized stocks now sit in DeFi apps on Base, reaching $262.4M
PrimeXBT Editorial Team
Reviewed by PrimeXBT

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Half of the market value of Coinbase-issued tokenized stocks now sits in DeFi applications on Base, according to Token Terminal data. The deployed amount has grown from $14.66 million at the start of 2026. Market participants appear to read the growth as supportive of a possible Base token launch.

Half of the market value of Coinbase-issued tokenized stocks is now deposited in DeFi applications on Base, according to data from Token Terminal. The tokens include fractional shares of major companies such as Apple and Nvidia, and eligible non-U.S. users can access them on Base.

Approximately $262.4 million of these assets is deployed across DeFi protocols, up from just $14.66 million at the start of 2026. The development highlights growing integration of tokenized equities into DeFi, enabling use beyond passive holding, such as trading on decentralized exchanges and acting as collateral for lending.

The growth also feeds into speculation about Base itself. Market participants appear to view the rising use of tokenized stocks as supportive of a potential Base token launch by the end of 2026.

Any announcements from Coinbase or executives such as Brian Armstrong about a token launch or related partnerships will be a key focus. Regulatory developments and further DeFi integration on Base could also shape how the market views the platform, according to the source.

Source: Crypto Briefing

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