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Morpho Opens Borrowing Against Coinbase's Tokenized Stocks

Lending and borrowing against Coinbase's tokenized stocks is live on Base, Morpho said in a post on X. Holders can pledge the tokens and draw USDC at variable or fixed rates. The markets make Coinbase's stock tokens coll...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Morpho Opens Borrowing Against Coinbase's Tokenized Stocks
Lending and borrowing against Coinbase's tokenized stocks is live on Base, Morpho said in a post on X. Holders can pledge the tokens and draw USDC at variable or fixed rates. The markets make Coinbase's stock tokens collateral. Coinbase began issuing them in August for users outside the United... Read the full story at The Defiant

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Coinbase is showing up inside the Tokenization theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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