Apple (Coinbase Tokenized Stock)
About Apple (Coinbase Tokenized Stock) Apple (Coinbase Tokenized Stock)is an onchain certificate that provides economic exposure to Apple shares through tokenized securities issued by Coinbase Onchain SPV Limited in the Abu Dhabi Global Market (ADGM), offering holders economic exposure to Apple shares. Each token initially represents 1 to 1 beneficial interest, corresponding to shares held in segregated custody accounts with regulated broker-dealers and custodians. The applicable share-to-token ratio may change over time to reflect reinvestment 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 underlying 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 Apple (Coinbase Tokenized Stock)？ Apple (Coinbase Tokenized Stock)is part of Coinbase's onchain capital markets infrastructure, designed to represent traditional financial instruments as regulated digital securities. The token is a share-based certificate, not a direct investment in Apple. Each token represents a proportional 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 maintains the definitive legal ownership register in its capacity as central securities depository. Authorized participants create tokens by delivering the corresponding underlying shares or subscribing at the relevant value. Eligible holders who satisfy applicable vesting, identity verification, sanctions, and compliance requirements may redeem the tokens for the underlying shares or through other supported settlement methods.
Overview
About Apple (Coinbase Tokenized Stock) Apple (Coinbase Tokenized Stock)is an onchain certificate that provides economic exposure to Apple shares through tokenized securities issued by Coinbase Onchain SPV Limited in the Abu Dhabi Global Market (ADGM), offering holders economic exposure to Apple shares. Each token initially represents 1 to 1 beneficial interest, corresponding to shares held in segregated custody accounts with regulated broker-dealers and custodians. The applicable share-to-token ratio may change over time to reflect reinvestment 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 underlying 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 Apple (Coinbase Tokenized Stock)？ Apple (Coinbase Tokenized Stock)is part of Coinbase's onchain capital markets infrastructure, designed to represent traditional financial instruments as regulated digital securities. The token is a share-based certificate, not a direct investment in Apple. Each token represents a proportional 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 maintains the definitive legal ownership register in its capacity as central securities depository. Authorized participants create tokens by delivering the corresponding underlying shares or subscribing at the relevant value. Eligible holders who satisfy applicable vesting, identity verification, sanctions, and compliance requirements may redeem the tokens for the underlying shares or through other supported settlement methods.