Meta (Coinbase Tokenized Stock)
“About Meta (Coinbase Tokenized Stock)（METAc） Meta (Coinbase Tokenized Stock)is an onchain certificate that provides holders with economic exposure to Meta shares through tokenized securities issued by Onchain Marketplace Limited in the Abu Dhabi Global Market (ADGM)Coinbase onchain SPV Limited. Each token initially represents a 1:1 beneficial interest in shares held in segregated custody accounts at 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 may be 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 Meta (Coinbase Tokenized Stock)？ Meta (Coinbase Tokenized Stock)is Coinbase part of the onchain capital markets infrastructure, designed to represent traditional financial instruments as regulated digital securities. The token is a share-based certificate, rather than a direct investment in Meta. Each token represents a proportionate beneficial interest in the underlying shares and related pool of assets held in trust by Coinbase onchain SPV Limited. The underlying shares are held in segregated custody accounts, while Onchain Marketplace Limited operates the tokenized infrastructure as a central securities depository and maintains the definitive legal ownership register. Authorized participants create tokens by delivering the corresponding underlying shares or subscription amount. Eligible holders who satisfy applicable eligibility, identity verification, sanctions, and compliance requirements may redeem tokens for the underlying shares or through other supported settlement methods.”
Overview
“About Meta (Coinbase Tokenized Stock)（METAc） Meta (Coinbase Tokenized Stock)is an onchain certificate that provides holders with economic exposure to Meta shares through tokenized securities issued by Onchain Marketplace Limited in the Abu Dhabi Global Market (ADGM)Coinbase onchain SPV Limited. Each token initially represents a 1:1 beneficial interest in shares held in segregated custody accounts at 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 may be 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 Meta (Coinbase Tokenized Stock)？ Meta (Coinbase Tokenized Stock)is Coinbase part of the onchain capital markets infrastructure, designed to represent traditional financial instruments as regulated digital securities. The token is a share-based certificate, rather than a direct investment in Meta. Each token represents a proportionate beneficial interest in the underlying shares and related pool of assets held in trust by Coinbase onchain SPV Limited. The underlying shares are held in segregated custody accounts, while Onchain Marketplace Limited operates the tokenized infrastructure as a central securities depository and maintains the definitive legal ownership register. Authorized participants create tokens by delivering the corresponding underlying shares or subscription amount. Eligible holders who satisfy applicable eligibility, identity verification, sanctions, and compliance requirements may redeem tokens for the underlying shares or through other supported settlement methods.”