--- title: "Nvidia, Apple Drive Demand for Coinbase-Issued Tokenized Stocks— Brian Armstrong Notes 'Good Traction So Far'" type: "News" locale: "en" url: "https://longbridge.com/en/news/299722608.md" description: "Coinbase CEO Brian Armstrong reported strong early traction for its tokenized U.S. stocks, driven by demand for NVIDIA and Apple tokens on the Base blockchain. The initiative allows holders to use tokens as collateral for on-chain loans. This development follows a recent SEC regulatory pathway for trading tokenized stocks. Consequently, Coinbase shares rose 3.5% in regular trading and 0.47% after hours." datetime: "2026-09-22T05:53:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299722608.md) - [en](https://longbridge.com/en/news/299722608.md) - [zh-HK](https://longbridge.com/zh-HK/news/299722608.md) generator: "portal-rs" --- # Nvidia, Apple Drive Demand for Coinbase-Issued Tokenized Stocks— Brian Armstrong Notes 'Good Traction So Far' **Coinbase Global Inc.** (NASDAQ:COIN) CEO **Brian Armstrong** highlighted on Monday growing traction for its tokenized U.S. stocks, ## Coinbase-Backed Tokens Off to a Good Start “Very early days, but good traction so far,” said Armstrong, as holders of Coinbase-issued stocks on the **Base** blockchain jumped 9,697% in a month. On-chain analytics firm Token Terminal put total asset holders at 46,700, with tokenized versions of **NVIDIA Corp.** (NASDAQ:NVDA), **Apple Inc.** (NASDAQ:AAPL) and **Tesla Inc.** (NASDAQ:TSLA) leading the chart. > Very early days, but good traction so far. https://t.co/az07gns3Mg > > — Brian Armstrong (@brian\_armstrong) September 21, 2026 ## What’s the Fuss About? Coinbase launched its tokenized stocks last month for eligible users outside the U.S. Each digital token represents a real, 1:1-backed direct claim on an underlying traditional stock, held by a regulated custodian. The tokens also carry dividend and voting rights. One of the key differentiators is that, unlike a traditional stock, Coinbase-issued stocks can be used as collateral for on-chain loans on platforms like **Aave** (CRYPTO: AAVE). **Read Also: QUICK SPARK: Want Nvidia on Crypto Rails? ‘Tokenized Stock Is the Honest Way’** ## US to Welcome Tokenized Stocks? Armstrong said Coinbase’s tokenization ambitions stretch far beyond publicly traded stocks, pointing to private companies, Treasuries and investment funds as potential candidates. The total value of the tokenized stock market was at $3.4 billion, with over 4 million asset holders and $70 billion in monthly volume, according to Token Terminal. Last week, the SEC created a five-year temporary regulatory pathway for trading certain tokenized U.S. stocks on blockchain-based venues, granting conditional exemptions from exchange and dealer-registration rules. **Price Action**: Coinbase shares rose 0.47% in after-hours trading, according to Benzinga Pro. The stock closed 3.5% higher at $201.05 during Monday’s regular trading session. According to Benzinga’s Edge Stock Rankings, COIN shows a stronger price trend in the short- and medium-term but lags over the long term. **See More: Top Momentum Stocks** *Photo: Camilo Concha / Shutterstock.com* ### Related Stocks - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md) - [FIAT.US](https://longbridge.com/en/quote/FIAT.US.md) - [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md) - [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md) - [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md) - [COIG.US](https://longbridge.com/en/quote/COIG.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [NVD.US](https://longbridge.com/en/quote/NVD.US.md) - [CONY.US](https://longbridge.com/en/quote/CONY.US.md) - [CONL.US](https://longbridge.com/en/quote/CONL.US.md) - [CONI.US](https://longbridge.com/en/quote/CONI.US.md) - [COIW.US](https://longbridge.com/en/quote/COIW.US.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [NVDB.US](https://longbridge.com/en/quote/NVDB.US.md) - [NVDG.US](https://longbridge.com/en/quote/NVDG.US.md) - [NVDO.US](https://longbridge.com/en/quote/NVDO.US.md) - [NVDW.US](https://longbridge.com/en/quote/NVDW.US.md) - [NVYY.US](https://longbridge.com/en/quote/NVYY.US.md) - [NYYY.US](https://longbridge.com/en/quote/NYYY.US.md) - [DIPS.US](https://longbridge.com/en/quote/DIPS.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [COIA.US](https://longbridge.com/en/quote/COIA.US.md) - [COIO.US](https://longbridge.com/en/quote/COIO.US.md) - [CONX.US](https://longbridge.com/en/quote/CONX.US.md) - [COYY.US](https://longbridge.com/en/quote/COYY.US.md) - [ICOI.US](https://longbridge.com/en/quote/ICOI.US.md) - [07788.HK](https://longbridge.com/en/quote/07788.HK.md) - [07388.HK](https://longbridge.com/en/quote/07388.HK.md) - [09388.HK](https://longbridge.com/en/quote/09388.HK.md) - [07711.HK](https://longbridge.com/en/quote/07711.HK.md) - [09311.HK](https://longbridge.com/en/quote/09311.HK.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [4,313 Shares in Apple Inc. $AAPL Purchased by Greenland Capital Management LP](https://longbridge.com/en/news/299989910.md) - [Qualcomm, Apple extend licensing agreement for chips](https://longbridge.com/en/news/300024218.md) - [Jensen Huang just announced fantastic news for Nvidia shareholders](https://longbridge.com/en/news/299563765.md) - [Nvidia’s Last Quarter Was Nearly Perfect. One Number in the Fine Print Wasn’t.](https://longbridge.com/en/news/299889479.md) - [Apple Takes Aim at Nvidia’s AI Economics: New Macs Have ‘No Cost per Token,’ Hardware Chief Says](https://longbridge.com/en/news/299808363.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**