SpaceX (Coinbase Tokenized Stock)
About SpaceX (Coinbase Tokenized Stock) SPC X c SpaceX (Coinbase Tokenized Stock)is an on-chain certificate that provides holders with economic exposure to the shares of the company through tokenized securities issued by a limited company in Abu Dhabi Global Market (ADGM)'s Coinbase Onchain SPV Limited tokenized securities, each of which initially represents a 1: 1 beneficial interest in shares held in a segregated custody account at a regulated broker-dealer and custodian. The applicable share-to-token ratio may change over time to reflect reinvested distributions, fees, taxes, corporate actions, and other adjustments. The token can be held and transferred through supported blockchain networks and may also be used in decentralized finance markets. Dividends and other distributions received on the relevant shares are generally reinvested after deducting applicable taxes, fees, and expenses, with the resulting economic benefit reflected through adjustments to the share-to-token ratio. What is SpaceX (Coinbase Tokenized Stock)？ SpaceX (Coinbase Tokenized Stock)is part of the platform's on-chain capital markets infrastructure, designed to represent traditional financial instruments as regulated digital securities. The token is a certificate covering the shares, rather than a direct investment in the company. Each token represents a proportionate beneficial interest in the underlying pool of shares and related property, which are held in trust by Coinbase Onchain SPV Limited. The underlying shares are held in segregated custody accounts, while Onchain Markets Limited operates the tokenization infrastructure and, in its capacity as a central securities depository, maintains the definitive legal ownership register. Authorized participants create tokens by delivering the corresponding underlying shares or subscribing the relevant value. Eligible holders who satisfy the applicable vesting, identity verification, sanctions, and compliance requirements may redeem the tokens for the underlying shares or through another supported settlement method.
Overview
About SpaceX (Coinbase Tokenized Stock) SPC X c SpaceX (Coinbase Tokenized Stock)is an on-chain certificate that provides holders with economic exposure to the shares of the company through tokenized securities issued by a limited company in Abu Dhabi Global Market (ADGM)'s Coinbase Onchain SPV Limited tokenized securities, each of which initially represents a 1: 1 beneficial interest in shares held in a segregated custody account at a regulated broker-dealer and custodian. The applicable share-to-token ratio may change over time to reflect reinvested distributions, fees, taxes, corporate actions, and other adjustments. The token can be held and transferred through supported blockchain networks and may also be used in decentralized finance markets. Dividends and other distributions received on the relevant shares are generally reinvested after deducting applicable taxes, fees, and expenses, with the resulting economic benefit reflected through adjustments to the share-to-token ratio. What is SpaceX (Coinbase Tokenized Stock)？ SpaceX (Coinbase Tokenized Stock)is part of the platform's on-chain capital markets infrastructure, designed to represent traditional financial instruments as regulated digital securities. The token is a certificate covering the shares, rather than a direct investment in the company. Each token represents a proportionate beneficial interest in the underlying pool of shares and related property, which are held in trust by Coinbase Onchain SPV Limited. The underlying shares are held in segregated custody accounts, while Onchain Markets Limited operates the tokenization infrastructure and, in its capacity as a central securities depository, maintains the definitive legal ownership register. Authorized participants create tokens by delivering the corresponding underlying shares or subscribing the relevant value. Eligible holders who satisfy the applicable vesting, identity verification, sanctions, and compliance requirements may redeem the tokens for the underlying shares or through another supported settlement method.