AaveCoinbase Tokenized Stocks are live as collateral on Aave V4 on Base, letting users deposit AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc, and TSLAc and borrow USDC against them. Availability is limited to eligible geographies outside the U.S., and Aave amplified third-party confirmation of the live market from sealaunch intelligence on X.
The V4 instance was deployed by Aave Labs on behalf of Aave DAO, with risk analysis by LlamaRisk and Chainlink providing tokenized equity pricing that carries both the underlying share price and the issuer multiplier. Base amplified the launch, confirming borrowing against the tokenized stocks is live, while Chainlink — Coinbase's official oracle solution — highlighted its role powering the markets with data. Founder Stani Kulechov, Base creator Jesse Pollak, and Aave contributor Luigi DeMeo all amplified the launch, with Kulechov calling it a milestone for bringing equities onchain. Aave frames the $150 trillion global equities market as the value set to move onchain, with V4 powering stock-backed loans without requiring holders to sell.

Aave
We built Aave Protocol, an open source and non-custodial liquidity protocol and the Aave app, a web interface for users to interact directly with the protocol.