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Backed Now Launches Tokenized Coinbase Stock wbCOIN
2025-03-08 13:39

Odaily News Backed, a real-world asset tokenization issuer, announced on the X platform that it has launched tokenized Coinbase stocks wbCOIN on the Base network. Users can exchange them through CoWSwap, and liquidity comes from Aerodrome.
The wbCOIN/USDC trading pair is now live, 1:1 supported, freely transferable, and has a legal claim to the value of COIN shares. In addition, Backed clarified that "We have no affiliation with Coinbase. We just like the stock."