AAVE v4 on Base sees $5M in Coinbase-issued tokenized stocks deposits

Aave: Aave is a decentralized lending protocol that recently deployed version 4 on Base, introducing an Equities Hub supporting tokenized stocks as collateral. The market allows eligible users to deposit these assets and borrow USDC, with Chainlink providing pricing oracles. This launch directly enables the tokenized Meta and Nvidia shares mentioned in the news to serve as collateral in onchain lending. Meta: Meta is a major technology company focused on social media, metaverse, and digital advertising platforms. Its shares are among those tokenized by Coinbase and deposited into Aave v4, forming a significant portion of the reported activity. Nvidia: Nvidia is a leading technology company specializing in graphics processing units and artificial intelligence hardware and software. Tokenized versions of its shares issued by Coinbase account for part of the deposits into Aave v4 on Base referenced in the news. Coinbase: Coinbase is a major cryptocurrency exchange that launched tokenized versions of U.S. stocks on its Base layer-2 network in August 2026, with each token representing a 1:1 backed share held in regulated custody. The tokens enable onchain trading, holding, and redemption for eligible non-U.S. users. The news reports deposits of these Coinbase-issued tokenized stocks into Aave v4 on Base, highlighting their expanding use in decentralized finance lending. Product: Aave V4 on Base features a dedicated Equities Hub that accepts Coinbase-issued tokenized equities as collateral for USDC borrowing. Adoption: Tokenized stocks are expanding beyond trading into additional DeFi applications such as lending collateral on protocols like Aave. Regulation: The SEC recently granted a five-year conditional exemption permitting trading venues to offer tokenized versions of listed U.S. stocks.