Friday, September 25, 2026

BTC $83,962 ▼ 0.49%

NewsLive Wire Politics World Markets Digital Assets Technology Sports

FranchisesThe Brief The Big Read The Breakdown Crypto Culture

MoreDeFi & On-Chain U.S. Equities Macro & Rates Research

LIVE

ADA$0.256+3.31%ETH$2,691+0.15%LINK$13.87+4.92%SOL$120.68+3.13%BTC$83,962−0.49%XRP$1.58+2.80%S&P 5007,745+0.53%Nasdaq27,107+0.62%Dow51,803+0.88%RUT2,836−0.00%TNX5.18%+0.43%TYX5.50%+0.75%FVX5.01%−0.22%IRX4.08%+0.22%VIX15.19−3.06%GOLD$4,330.80+0.76%SILVER$65.05+1.64%OIL$91.76−3.01%DXY100.88−0.40%NVDA$225.62+0.46%AAPL$339.66+1.11%TSLA$374.07−1.02%META$749.21−3.65%MSFT$515.31+3.49%AMZN$250.52+0.46%GOOGL$345.45+0.90%Fear & Greed71 — GreedADA$0.256+3.31%ETH$2,691+0.15%LINK$13.87+4.92%SOL$120.68+3.13%BTC$83,962−0.49%XRP$1.58+2.80%S&P 5007,745+0.53%Nasdaq27,107+0.62%Dow51,803+0.88%RUT2,836−0.00%TNX5.18%+0.43%TYX5.50%+0.75%FVX5.01%−0.22%IRX4.08%+0.22%VIX15.19−3.06%GOLD$4,330.80+0.76%SILVER$65.05+1.64%OIL$91.76−3.01%DXY100.88−0.40%NVDA$225.62+0.46%AAPL$339.66+1.11%TSLA$374.07−1.02%META$749.21−3.65%MSFT$515.31+3.49%AMZN$250.52+0.46%GOOGL$345.45+0.90%Fear & Greed71 — Greed

Defi Onchain

Aave V4 Launches Equities Hub on Base With Coinbase Tokenized Stocks

Eligible non-U.S. users can borrow USDC against seven Coinbase-issued tokenized equities, with initial collateral capped at $29 million.

The On-Chain Desk

Gokhshtein Media

September 25, 2026

3 min read

Aave V4 Launches Equities Hub on Base With Coinbase Tokenized Stocks

Key Points

Aave V4 launched its Equities Hub on Base on Sept.
The initial asset set includes Apple (AAPLc), Amazon (AMZNc), Alphabet (GOOGLc), Meta (METAc), Microsoft (MSFTc), Nvidia (NVDAc), and Tesla (TSLAc).
The market caps the aggregate stock collateral at $29 million, with a $32 million USDC supply cap and $21 million borrowing cap.

Aave V4 launched its Equities Hub on Base on Sept. 25, enabling eligible non-U.S. users to borrow USDC against tokenized U.S. stocks issued by Coinbase.

The initial asset set includes Apple (AAPLc), Amazon (AMZNc), Alphabet (GOOGLc), Meta (METAc), Microsoft (MSFTc), Nvidia (NVDAc), and Tesla (TSLAc). Chainlink provides on-chain price feeds for collateral valuation.

The market caps the aggregate stock collateral at $29 million, with a $32 million USDC supply cap and $21 million borrowing cap. Collateral factors range from 65 percent to 79 percent by asset, determining maximum USDC borrow amounts.

Aave pools all stock collateral into a shared USDC market while implementing separate risk parameters per asset. Tokenized stocks function solely as collateral; users cannot borrow them directly.

Future hub expansions, subject to governance approval, may add more Coinbase tokenized stocks and introduce GHO, Aave's native stablecoin, as a borrowable asset.

The On-Chain Desk

Gokhshtein Media

The On-Chain Desk covers DeFi protocols, on-chain capital flows, stablecoins, tokenization, and the mechanics of decentralized finance. About this desk →

Read Next

Defi OnchainFed Proposes 1:1 Reserves, Tiered Capital Charges for Bank StablecoinsThe Federal Reserve opened a 60-day comment period on rules governing stablecoin issuance by Fed-supervised banks under the GENIUS Act, requiring full reserve backing and tiered capital charges.

→

Defi OnchainEthena Deploys USDe to Tokenized Equity Basis Trades on BinanceThe synthetic dollar issuer extended its delta-neutral strategy into equity perpetuals on Sept. 25, hedging tokenized stock positions against USDT-denominated derivatives.

→

Defi OnchainOndo Launches BlackRock Portfolio Tokens; ONDO Jumps 23 PercentThree new Intelligent Portfolio tokens let non-U.S. investors mint single transferable assets holding diversified baskets, expanding Ondo's tokenization platform.

→