Zoth’s planned vault is expected to include Apple, Alphabet, Meta and NVIDIA, using stablecoins to access tokenised equities.
Zoth is building a vault that will allow users outside the US to gain exposure to tokenised US stocks using stablecoins, without requiring a US bank account or brokerage relationship.
The Singapore-based neobank said the vault will use its zVaults infrastructure to convert a single stablecoin deposit into a basket of Coinbase Tokenized Stocks on Base. Zoth said the offering is intended to be the first of its kind from a neobank, although it has not yet launched.
The initial basket is expected to include Apple, Alphabet, Meta and NVIDIA, with additional stocks to be added as Coinbase expands its tokenised equities offering. Zoth said holdings will remain in users’ own wallets, with users receiving a beneficial interest in the underlying shares.
Users will fund the vault with stablecoins, allowing a single deposit to be allocated across multiple stocks rather than requiring investors to select individual companies separately. The service is intended to operate within Zoth’s existing platform, which already offers payment and yield products.
The company said the offering is aimed at eligible users in markets outside the US and other restricted jurisdictions.
Pritam Dutta, Founder and Chief Executive Officer of Zoth, said: “With Coinbase, Zoth turns a stablecoin balance into ownership of the companies shaping the global economy, for the markets that have been left out of them.”
The planned launch would add tokenised equities to Zoth’s existing stablecoin payment and yield services.
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