MicroStrategy (Coinbase Tokenized Stock)
About MicroStrategy (Coinbase Tokenized Stock)（[TICKER]） MicroStrategy (Coinbase Tokenized Stock)is an on-chain certificate, providing economic exposure to holding MicroStrategy shares through tokenized securities issued by an on-chain ADGM entity within the Abu Dhabi Global Market (Coinbase)SPV Limited. Each token initially represents a 1:1 beneficial interest in shares held in a segregated custody account with regulated broker-dealers and custodians. The applicable share-to-token ratio may change over time to reflect reinvested distributions, fees, taxes, corporate actions, and other adjustments. The token may be held and transferred through supported blockchain networks and used in decentralized finance markets. Dividends and other distributions received on the underlying shares are generally reinvested after deduction of applicable taxes, fees, and expenses, with the resulting economic benefits reflected through adjustments to the share-to-token ratio. What is MicroStrategy (Coinbase Tokenized Stock)？ MicroStrategy (Coinbase Tokenized Stock)? It is part of Coinbase's on-chain capital markets infrastructure, designed to represent traditional financial instruments as regulated digital securities. The token is a certificate of shares, rather than a direct investment in [the company]. Each token represents a proportional beneficial interest in a pool of underlying shares and related property held in trust by Coinbase On-Chain SPV Limited. The underlying shares are held by segregated custodians, while On-Chain Markets Limited operates the tokenization infrastructure and maintains the ultimate legal ownership register as the central securities depository. Authorized participants create tokens by delivering the corresponding underlying shares or subscription value. Eligible holders who meet applicable eligibility, identity verification, sanctions, and compliance requirements may redeem tokens for underlying shares or through other supported settlement methods.
Overview
About MicroStrategy (Coinbase Tokenized Stock)（[TICKER]） MicroStrategy (Coinbase Tokenized Stock)is an on-chain certificate, providing economic exposure to holding MicroStrategy shares through tokenized securities issued by an on-chain ADGM entity within the Abu Dhabi Global Market (Coinbase)SPV Limited. Each token initially represents a 1:1 beneficial interest in shares held in a segregated custody account with regulated broker-dealers and custodians. The applicable share-to-token ratio may change over time to reflect reinvested distributions, fees, taxes, corporate actions, and other adjustments. The token may be held and transferred through supported blockchain networks and used in decentralized finance markets. Dividends and other distributions received on the underlying shares are generally reinvested after deduction of applicable taxes, fees, and expenses, with the resulting economic benefits reflected through adjustments to the share-to-token ratio. What is MicroStrategy (Coinbase Tokenized Stock)？ MicroStrategy (Coinbase Tokenized Stock)? It is part of Coinbase's on-chain capital markets infrastructure, designed to represent traditional financial instruments as regulated digital securities. The token is a certificate of shares, rather than a direct investment in [the company]. Each token represents a proportional beneficial interest in a pool of underlying shares and related property held in trust by Coinbase On-Chain SPV Limited. The underlying shares are held by segregated custodians, while On-Chain Markets Limited operates the tokenization infrastructure and maintains the ultimate legal ownership register as the central securities depository. Authorized participants create tokens by delivering the corresponding underlying shares or subscription value. Eligible holders who meet applicable eligibility, identity verification, sanctions, and compliance requirements may redeem tokens for underlying shares or through other supported settlement methods.