DeFi· ★★★· bullish·

Coinbase Deposits $4.9M in Tokenized Stocks Into Aave V4

  • —Coinbase deposited $4.9M in tokenized stocks into Aave V4
  • —The deposit took place over 17 days
  • —Tokenized stocks are used as collateral in lending protocols
  • —The move expands the total addressable lending market in DeFi
Why it matters: More high-quality collateral in Aave V4 could draw additional participants to DeFi lending and boost liquidity.
Source: Coinfomania