Enso Expands Tokenized Stock Infrastructure on Base
Enso is expanding its support for Coinbase Tokenized Stocks on Base. Applications can now swap tokenized stocks through Aerodrome pools and add and remove liquidity from those pools.
The integration builds on Enso's role as a day-one infrastructure partner for Base Tokenized Assets and expands what wallets, exchanges, fintechs, and other financial applications can do when they integrate tokenized stocks and RWA liquidity.
What are Coinbase Tokenized Stocks?
Coinbase Tokenized Stocks bring shares of US public companies onchain through Base. Each token represents beneficial ownership of a real underlying share, held 1:1 in regulated, bankruptcy-remote custody, and Coinbase issues the corresponding token using the B20 standard on Base. Eligible users outside the US can hold these assets directly in self-custodial wallets and use them across supported applications and DeFi protocols.
That makes traditional equities programmable. Instead of living only inside brokerage infrastructure, a tokenized stock can interact with trading, lending, and liquidity applications built on Base. It is part of what Base is building toward: global, always-on markets where traditional assets meet onchain financial infrastructure.
What is Aerodrome?
Aerodrome is a major decentralized exchange and liquidity hub on Base. It uses automated market maker (AMM) pools to create onchain markets, where liquidity providers deposit asset pairs and applications, and users draw on that liquidity for swaps.
Coinbase Tokenized Stocks now have Aerodrome pools, which provide onchain liquidity for tokenized equities to trade against. Through Enso, applications can reach that liquidity directly: swap tokenized stocks through the pools, add liquidity to them and withdraw it again. Enso covers both sides of the market: the execution that consumes liquidity and the positions that create it.
Enso aggregates tokenized asset execution
Aerodrome is one venue inside a much broader execution environment. Enso is an onchain aggregator and execution layer that connects applications to assets, liquidity sources, bridges, and protocols through a single API. Rather than making a wallet, exchange, or fintech integrate every venue and every action separately, Enso aggregates what is available and builds the transactions needed to reach an asset or complete an onchain action.
For Coinbase Tokenized Stocks on Base, this now covers swapping and liquidity management through Aerodrome. Across the wider Enso ecosystem, the same infrastructure handles swaps, crosschain execution, bridging, minting, redeeming, deposits, withdrawals, and liquidity operations across supported protocols.
Simulation before execution
Aggregation alone is not enough for production financial applications. The expected outcome must also match what happens onchain.
Enso runs its own simulation as part of its execution infrastructure, validating transactions and expected balance changes before submission. A route can be simulated several times before execution, which catches failures, unexpected outputs, and other discrepancies before a user ever signs. For wallets, exchanges, fintechs, and institutional applications, that is a layer of reliability the advertised quote does not provide on its own.
Infrastructure for institutional RWA adoption
Putting an asset onchain solves issuance. It does not create distribution, liquidity, or reliable execution. Tokenized assets need liquid markets, and the applications serving them need production infrastructure to reach those markets.
The pieces now line up. Coinbase brings regulated tokenized equities onchain, Base provides the network, and Aerodrome provides the pools where the assets trade. Enso is the aggregation and execution layer connecting financial applications to those markets, whether they are trading, providing liquidity, or withdrawing it.
As Base's tokenized asset ecosystem grows, Enso gives applications one integration to reach it, with aggregation, liquidity management, routing and simulation built for production execution.