Coinbase Tokenized Stocks
US equities issued natively on Base as B20 tokens, for eligible non-US investors.
Base- Stocks
- 13
- tickers in the catalogue
- Contracts
- 13
- on 1 chain
- With pools
- 12
- with a DEX pool today
- US persons
- Excluded
- partly sourced
What the issuer says the token is
Each token is a certificate over the underlying shares, one share per token at issue, not a synthetic derivative. Shares are bought and custodied by Alpaca Securities LLC, an SEC-registered broker-dealer, in segregated accounts; the issuing SPV holds them as bare trustee for token holders under a deed of trust. Tokens use the B20 standard, an ERC-20-compatible format on Base, and carry a transfer-restriction control that the issuer can enforce. Cash dividends are not paid out: they are converted into more shares, which raises how many shares each token redeems for (an onchain multiplier). Voting arrangements are set by each offering’s prospectus.
Backing, as stated by the issuer. The underlying shares, bought and held by Alpaca Securities LLC in segregated, bankruptcy-remote custody: one share per token at issue, rising as dividends are reinvested.
Entity and regulation
- Issuing entity sourced
- Coinbase Onchain SPV Ltd, a special purpose vehicle incorporated in Abu Dhabi Global Market (ADGM) on 17 June 2026, a subsidiary of Onchain Marketplace Holdings Limited, which is owned by Coinbase Global, Inc.
- Regulatory status sourced
- Prospectus approved by the ADGM Financial Services Regulatory Authority (FSRA); a prospectus is filed per underlying security. The offering is made under Regulation S and is not registered with the SEC. Coinbase has said a US offering awaits an SEC framework.
Who can hold itpartly sourced
Restricted
United States and US persons (Regulation S)
Offered only in eligible jurisdictions outside the United States. Transfers are subject to sanctions screening and issuer-enforced transfer controls. Coinbase has not published the full eligible-jurisdiction list.
Set by the issuer, and able to apply wherever the token is acquired, including on a DEX. Rules change often; the sources are where they are published.
Sources
- 1. www.coinbase.com/tokenize
- 2. www.coindesk.com/business/2026/08/24/coinbase-debuts-tokenized-stocks-on-base-network-joining-race-to-bring-equities-on-blockchain
- 3. thedefiant.io/news/defi/coinbase-launches-tokenized-stocks-on-base
- 4. www.financemagnates.com/cryptocurrency/coinbase-wins-abu-dhabi-approval-to-launch-tokenized-securities-starting-with-apple
- 5. base.org/stocks
- 6. docs.base.org/build-on-base/integrate-defi/list-tokenized-stocks
Questions people ask
13 tickers, deployed as 13 contracts across 1 chain (Base). 12 of those contracts had a DEX pool at the last rebuild; the rest are deployed but not tradeable on-chain yet.
Each token is a certificate over the underlying shares, one share per token at issue, not a synthetic derivative. Shares are bought and custodied by Alpaca Securities LLC, an SEC-registered broker-dealer, in segregated accounts; the issuing SPV holds them as bare trustee for token holders under a deed of trust. Tokens use the B20 standard, an ERC-20-compatible format on Base, and carry a transfer-restriction control that the issuer can enforce. Cash dividends are not paid out: they are converted into more shares, which raises how many shares each token redeems for (an onchain multiplier). Voting arrangements are set by each offering’s prospectus.
Coinbase Onchain SPV Ltd, a special purpose vehicle incorporated in Abu Dhabi Global Market (ADGM) on 17 June 2026, a subsidiary of Onchain Marketplace Holdings Limited, which is owned by Coinbase Global, Inc. Prospectus approved by the ADGM Financial Services Regulatory Authority (FSRA); a prospectus is filed per underlying security. The offering is made under Regulation S and is not registered with the SEC. Coinbase has said a US offering awaits an SEC framework. Both statements are compiled from the sources listed on the Coinbase About page and have not been independently verified by TrueHold.
Restricted: United States and US persons (Regulation S). Offered only in eligible jurisdictions outside the United States. Transfers are subject to sanctions screening and issuer-enforced transfer controls. Coinbase has not published the full eligible-jurisdiction list. These are the issuer’s published rules; they change, and they can apply wherever the token is acquired.
The underlying shares, bought and held by Alpaca Securities LLC in segregated, bankruptcy-remote custody: one share per token at issue, rising as dividends are reinvested.
Yes, as ordinary tokens in any wallet TrueHold reads: paste the wallet address and the tokens appear next to everything else you hold. TrueHold does not sell or custody them.
Pools, liquidity and volume are DEX market data and live prices come from a streaming DEX price feed, read by TrueHold's own terminal and rebuilt here every 15 minutes; the catalogue was last read Nov 4, 2026, 13:01 UTC. Issuer facts are compiled, not independently verified, from each issuer's public pages and press reports as of 2026-10-09 and carry a confidence label. Reference information only: not advice, and not an offer to buy or sell any security. TrueHold neither sells nor custodies these tokens and is not affiliated with any issuer; who may hold one is decided by the issuer and by local law, and most are closed to US persons. Figures can be delayed or wrong. See the disclaimer and the glossary entry on tokenization.
Holding Coinbase tokens? Track them with the rest
Paste a wallet address and TrueHold shows its tokenized stocks next to your exchanges, DeFi and perps, with one honest total.