Coinbase Brings Tokenized U.S. Tech Stocks to Its Base Blockchain
Coinbase has launched on-chain tokens tracking Nvidia, Apple, Meta and Alphabet on Base, available to eligible users outside the United States.
AfroEuropa Newsroom
AfroEuropa desk
Coinbase has introduced tokenized versions of four major U.S. technology stocks on its Base blockchain, according to BitKE. The offering covers tokens tracking Nvidia, Apple, Meta and Alphabet, and is open to eligible users located outside the United States.
Each token is backed 1:1 by the underlying share, with the shares held by Alpaca Securities, an SEC-registered broker-dealer. Coinbase's Abu Dhabi-based on-chain entity acts as the issuer. Decrypt reported that the tokens are not derivatives that merely track a stock's price, but instead carry a direct claim on a share, including its associated rights.
Keep reading
NFL Backs States in Supreme Court Fight Over Sports Prediction Markets
The National Football League has asked the U.S. Supreme Court to weigh in on whether states can regulate sports contracts offered on prediction markets such as Kalshi.
Other highlights
Robinhood Chain Activity Drops Over 40% as Trading Slows in October 2026
Daily transactions on Robinhood's Layer 2 network fell to 6.2 million in early October, down from 10.8 million in mid-September, as fees and spot volumes declined.
Follow the story
One newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe in one sharp email each morning. No spam, unsubscribe anytime.
