Chainlink Brings Coinbase Tokenized Stocks to Base DeFi

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. Reliable price data is essential for lending protocols because it allows them to calculate borrowing limits, monitor collateral values and execute liquidations when necessary. The integration means Coinbase Tokenized Stocks can move…  Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

UP NEXT

Related Tags

Loading RSS Feed

You May Like

Subscribe To Our Newsletter

Metus in ac vivamus dui id purus in risus. Nunc fringilla donec amet pulvinar vivamus suscipit. Augue porttitor eu sed proin tortor bibendum facilisis felis. Nunc egestas tellus nisl tempor aliquet malesuada ali eu sed proin tortor bibendum facilisis felis
Stay Updated by our Monthly / Weekly News Update. Zero Spamming. Terms & Condition Applied