About Apple (Coinbase Tokenized Stock) (APPLc) Apple (Coinbase Tokenized Stock) is an onchain certificate that provides economic exposure to shares of Apple through a tokenized security issued by Coinbase Onchain SPV Ltd in the Abu Dhabi Global Market (ADGM).
Each token initially represents a 1:1 beneficial interest in shares held in a segregated custody account with 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 used in decentralized finance markets. Dividends and other distributions received on the underlying shares are generally reinvested, after applicable taxes, fees, and expenses, with the resulting economic benefit reflected through an adjustment 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 certificate over shares rather than a direct investment in Apple.
