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Coinbase Tokenized Stocks Add $4.9 Million to Aave V4 Hub

Coinbase Tokenized Stocks Add $4.9 Million to Aave V4 Hub

Photo: TokenPost

Coinbase’s tokenized stocks were deposited into Aave V4 over 17 days, adding $4.9 million in collateral to the protocol’s Base lending market for eligible non-U.S. users. The assets are held in Aave’s Equities Hub, an isolated market where users can supply tokenized shares and borrow USD Coin (USDC). The stock tokens themselves are not borrowable. The market supports tokenized versions of Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla. The corresponding tokens are AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc and TSLAc. The deposit follows the launch of Aave V4’s Base Hub for tokenized-stock collateral .

Also reported by Coinfomania.

Source: TokenPost

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