I'm extremely bullish on tokenized stocks. Real onchain yield on them runs on IPOR Fusion, now home to the largest Earn on Stocks program on
@base, with
@aave V4 at the core
Fusion has supported
@coinbase Tokenized Stocks since the day they launched. Six weeks in, the Earn on Stocks vaults on Fusion show:
$2.5M+ in tokenized stocks
10,000+ tokenized stock units held
400+ wallets enrolled
27.7% of all tokenized stock collateral on
@aave V4 on Base
It's still day one, but early data shows appetite for growing a stock position in units, on top of holding the price exposure. I anticipate this becoming the default way to own stocks onchain. From here, it's a matter of bringing these opportunities to TradFi audiences, so the onchain and TradFi worlds can converge at scale.
Fusion was Aave V4-ready on testnet back in February 2026, so when V4 hit Base, operators on
@ipor_io Fusion plugged straight in.
Fusion is where the first yield generating Earn on Stocks live on Base that scale
Credit to
@628Labs for operating these novel strategies,
@StaniKulechov @LlamaRisk and the Aave team for V4 and the work on bringing tokenized stock credit markets there, alongside
@jessepollak,
@HorinekPM and the Base team and the integrators supporting that activity:
@Zyfai_ @harvest_finance @portals_fi @jumperapp @lifiprotocol @spectra_finance