Ticker
COINX · Coinbase Global, Inc.
A tokenized form of COIN (Coinbase Global, Inc.) traded on Kraken xStocks.
Tokenized stockA blockchain token that represents a share held by a custodian. You own the token/certificate, not the share directly.
What COINX is
COINX is a tokenized Coinbase Global share issued by Backed Finance and traded on Kraken xStocks. It is backed 1:1 by a real COIN share in custody and settles on-chain. You own the token and a claim on the underlying equity rather than the registered share itself.