Coinbase Put Nvidia and Apple Stock Onchain: But Does Weekend Trading Create Liquidation Risk?
Base's own documentation instructs integrators to read the updatedAt field and apply staleness bounds before relying on the price, warning against settling or liquidating against a frozen feed. A lending market that ignores that instruction would be marking weekend collateral to Friday's close – a real liquidation risk baked into the product's mechanics, not a theoretical one.
"Base has built one of the most vibrant DeFi ecosystems out there, and Chainlink's oracle infra unlocks new utility for tokenized assets," said Antonio Garcia-Martinez, Head of Growth at Base, in the launch announcement.
Alpaca Custody and the B20 Token Structure
The issuer is Coinbase Onchain SPV Ltd, incorporated in Abu Dhabi Global Market on June 17, 2026, as a subsidiary of Onchain Marketplace Holdings Limited, itself owned by Coinbase Global.
Coinbase won FSRA permission for the tokenization hub earlier this month, having first described the 1:1 structure in June.
Alpaca Securities LLC, an SEC-registered broker-dealer, buys and custodies the underlying shares in segregated accounts, according to the NVDA prospectus filed with the FSRA.
The SPV holds them as bare trustee for token holders under a deed of trust. Creation costs 1 basis point of the invested amount and redemption 5 basis points, while dividends carry a 5% distribution fee on gross value before the 30% US withholding rate applied to non-US persons.
Minting and redemption stay limited to KYC-onboarded Authorized Participants, while secondary trading is permissionless. The prospectus is explicit that one B20 token does not permanently equal one share – a multiplier scales each token's claim as dividends are reinvested and splits applied, so raw balances stay fixed while the underlying entitlement moves.
This article has been published in cryptonews.com via Yahoo News.
Coinbase Put Nvidia and Apple Stock Onchain: But Does Weekend Trading Create Liquidation Risk?
Coinbase tokenized US equities went live on Base on Monday, putting four technology stocks onchain as transferable tokens that eligible non-US users can hold in a self-custodial wallet with no brokerage account required.NVDAc, AAPLc, METAc, and GOOGLc track Nvidia, Apple, Meta, and Alphabet, and...
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