DeFi· ★★★· bullish·

Coinbase tokenized stocks on Base reach $4B in DEX volume

  • —Cumulative DEX volume for B20 tokens on Base reached $4 billion
  • —Tokens are backed 1:1 by U.S. equities at a regulated custodian
  • —Minting and redemption restricted to KYC-approved users; secondary market outside U.S.
  • —Odds of a Base token launch by end-2026 remain low
Why it matters: Growing tokenized-equity volume on Base strengthens expectations for a Base token and onchain demand for U.S. stocks.
Source: Crypto Briefing