Coinbase xStock (COINx) functions as a tracker certificate distributed via Solana SPL and ERC-20 tokens, mirroring the price of Coinbase Global, Inc. (the underlying asset). The product aims to provide qualified crypto market participants with regulatory-compliant exposure to Coinbase Global, Inc.’s stock price while preserving the advantages of blockchain infrastructure.

Key Benefits

Coinbase Global, Inc. is a crypto exchange platform providing services for purchasing, selling, storing, and managing digital assets. It runs as a decentralized, remote-first entity without a physical headquarters, catering to both retail and institutional users.