Morpho: Stock-backed lending goes live on Base - 18 Sep 2026

Morpho's lending infrastructure now supports stock-backed loans, allowing users to lend and borrow against Coinbase-tokenized stocks on Base. Loans can be taken at variable or fixed rates, and markets and parameters are deployed by curators. The launch is described in the announcement of stock-backed lending going live.The release adds tokenized equities as a collateral class alongside crypto assets, which broadens the range of credit activity Morpho can host. Curator-deployed markets let independent actors define parameters such as collateral and rate options for these stock-backed positions, keeping market creation separate from protocol development. If lending volume against tokenized stocks grows, it could add activity and fee flow from collateral that is not tied to crypto price cycles. Adoption depends on demand for borrowing against tokenized equities and on how curators calibrate risk for a new asset type, so near-term usage is uncertain.Stock-backed loans are live on Morpho.Users can lend and borrow against tokenized stocks at variable & fixed rates on .