Coinbase’s tokenized shares of Apple, Nvidia, Meta, and Google on Base recorded early trading traction, with AerodromeFi capturing about 25% of AMM volume within days of launch, according to remarks highlighted in a recent Unchained episode featuring Alex Cutler. The discussion described the products as 1:1-backed tokens held in trust rather than synthetic wrappers. Cutler said launch metrics included roughly $80 million in traded volume and 5,000 wallets. The episode also covered composability across nine DeFi protocols, 24/5 oracle risk tied to weekend price gaps, and an SEC exemption bid linked to Brian Armstrong’s vision for tokenized assets.