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Stani Kulechov, founder and chief executive officer (CEO) at Avara, announced that Coinbase tokenized stocks are now live on Aave V4 on Base. Users can now borrow USDC against these tokenized stocks using the platform.
Aave is aiming to bring the $200 trillion global equities market onchain through its latest expansion.
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Kulechov has previously commented on major developments in the crypto sector. He reported when EIP-8363 was rejected from the Hegotá fork, ending a proposal to slash Ethereum yield. In another update, he noted the potential impact of the CLARITY Act on U.S. DeFi regulation.