Coinbase Launches Tokenized Stocks on Base | Jesse Pollak

Coinbase is launching "Tokenized Stocks" on the Base blockchain, providing users with 1:1, globally available, 24/7 access to major equities like Nvidia, Meta, and Apple. By utilizing a rebasing model for dividends, these tokens integrate directly into the existing DeFi ecosystem, enabling advanced financial activities such as borrowing, lending, and yield generation. Base founder Jesse Pollak explains that this initiative aims to transform neobanks into "neo-brokerages" by offering a unified, programmable financial infrastructure that bypasses traditional, fragmented banking rails. This move shifts the focus toward creating a global, permissionless financial system where assets are liquid and composable. By leveraging deep liquidity hubs like Aerodrome, the platform seeks to scale beyond crypto-native assets, ultimately increasing economic freedom by bringing traditional financial instruments into the programmable, on-chain economy.