Nvidia, Meta, Apple, and Alphabet stocks can now serve as collateral in decentralized finance applications following Chainlink's deployment of dedicated price feeds for their tokenized versions on the Base blockchain.
Chainlink has introduced price feeds for four Coinbase tokenized stocks on Base, giving DeFi protocols the data needed to assess NVDAc, METAc, AAPLc, and GOOGLc as collateral. Chainlink feeds support tokenized stock collateral Chainlink said in an Aug.
Chainlink is expanding the utility of Coinbase Tokenized Stocks by providing the pricing infrastructure needed for the assets to function as collateral across decentralized finance protocols on Base. Through Chainlink Data Feeds, DeFi applications can access continuous market pricing for Coinbases tokenized U.S. equities, including NVDAc, METAc, AAPLc and GOOGLc.
Chainlink (LINK) trades above $11 as DeFi adoption, resistance breakouts, and rising open interest fuel a bullish rally.
Chainlink has become a core infrastructure provider for major DeFi protocols, supplying market data, cross-chain messaging, automation, and other services. Aave has expanded its integration into V4, governance, and GHO transfers, while Lido uses Chainlink for cross-chain staking.
Coinbase launches tokenized US stocks on Base with Chainlink price feeds, bringing Apple, Nvidia, Meta and Alphabet shares into DeFi.
Chainlink (LINK) has climbed to $12.06 following a robust 12.03% rally over the past day. The token is currently experiencing $1.04 billion in trading activity with its market capitalization reaching $9.03 billion.
Coinbase has chosen Chainlink to offer price infrastructure for its tokenized stocks, thus allowing shares of companies like Apple and NVIDIA to move around freely in decentralized lending and trading marketplaces.
The decentralized finance (DeFi) platform NUVA has partnered with Chainlink as its exclusive data infrastructure and oracle provider. The goal of this strategic alliance is to deliver accurate price feeds, inflation data, and real-time market insights to support its decentralized real-world asset (RWA) marketplace.
Coinbase has chosen Chainlink as its oracle infrastructure to deliver continuous price data for its newly launched tokenized stocks on Base. Through Chainlink Data Feeds, developers and protocols across the ecosystem will gain access to real-time pricing for key assets such as NVDAc, AAPLc, METAc, and GOOGLc, streamlining the integration of U.S.
Coinbase's integration with Chainlink could accelerate the development of tokenized assets, potentially boosting market confidence and innovation. Coinbase selects Chainlink for tokenized US stocks on Base platform.
NUVA's integration of Chainlink in DeFi could democratize access to real estate-backed financial products, potentially reshaping retail investment. NUVA uses Chainlink for data infrastructure in DeFi.