XSTOCKS ARE HERE

Investing Designed
for Everyone

The future of finance is onchain. Coinbase brings stocks and ETFs to blockchain rails. xStocks are now live on multiple venues. We’re taking the next leap for onchain investing.

Buy COIN

DeFi Dashboard

The DeFi dashboard provides information about liquidity pools, oracles, proof-of-reserve, and enables users to bridge and wrap bTokens, for enhanced transparency and control over their digital assets.

Coming Soon

bCSPX

Wrapped Coinbase CSPX Core S&P 500
Tokenized Equities
1Y 9.90%
Cumulative NAV Total Return YTD as of Jun 23, 2025.

bCOIN

Wrapped Coinbase Coinbase Global
Tokenized Equities
1Y 45.25%
Cumulative NAV Total Return YTD as of Jun 23, 2025.

bNVDA

Wrapped Coinbase NVIDIA
Tokenized Equities
1Y 21.79%
Cumulative NAV Total Return YTD as of Jun 23, 2025.

bTSLA

Wrapped Coinbase Tesla
Tokenized Equities
1Y 76.45%
Cumulative NAV Total Return YTD as of Jun 23, 2025.
Historical performance is not an indication of future performance. Not investment advice, for informational purposes only.
Market data by TradingView

Wrapped Coinbase Tokens

Composable tokenized securities that track the value of RWAs such as Bonds, Stocks, or ETFs. Powering a new age of decentralized finance applications.

Built for Decentralization

Freely transferable ERC-20 tokens

Composable with DeFi protocols

Multichain support

Real Value

Each token is 1:1 Wrapped Coinbase by the underlying asset

3rd-party licensed custodians hold the underlying assets

Redeemable for the underlying asset’s cash value

Compliant regulatory framework, based on Swiss DLT act

Tools

Both internal oracles and external Chainlink price feeds make our verified price data available on-chain. Chainlink Proof of Reserve enables users to independently verify the collateral reserves of our tokens on-chain. Our bridge allows our assets to be moved across chains, powered by Chainlink CCIP.

View our Proof of Reserves
View our Oracles
Use our Bridge

Ecosystem

We’re building an ecosystem for tokenized assets, working with leading DeFi protocols, financial service providers, and investment firms to realize our vision.

CowSwap is the first trading interface built on top of CoW protocol. It guarantees users the best price by either: Matching the user with a fitting sell order or routing the order to the best liquidity venue on-chain.

https://swap.cow.fi/

Base is an optimistic rollup chain built by Coinbase. It emphasizes modular design and developer flexibility, allowing for custom chains built atop the Base network.

https://www.base.org

Balancer is a decentralized finance platform built on blockchain technology. It operates as an Automated Market Maker, automating portfolio management via liquidity pools. This lets users manage asset allocation and engage in crypto trading, utilizing the BAL-token as its primary cryptocurrency.

https://balancer.fi/

Gnosis, in addition to being a Chain and DAO, also invest in startups pushing the future of blockchain technologies.

https://www.gnosis.io

Aerodrome Finance is a decentralized trading platform and liquidity hub for the Base blockchain.

https://aerodrome.finance/

ParaSwap is a decentralized exchange aggregator that optimizes swaps for users through better prices, limited gas fees, and lower slippage.

https://www.paraswap.xyz/

Tokenization

Wrapped Coinbase provides institutions with a flexible, efficient, and secure tokenization service tailored to their needs.

Tokenized Trackers

Select any publicly traded security or bundle together many. Wrapped Coinbase can create a customizable token within weeks and have it blockchain and DeFi ready.

Tokenized AMCs

Your investment strategy as an on-chain token. Tokenized AMCs are an efficient fund alternative enabling settlement and ownership on the blockchain.

Tokenization Platform

For funds and financial institutions, we offer a turnkey solution that allows for the creation, management, and distribution of tokenized investment products.

Build on Wrapped Coinbase

Wrapped Coinbase Tokens are the next financial primitive. From collateralizing stablecoins and money markets to treasury management, our products solve common issues for on-chain finance.