What is AAPLc?
AAPLc is a Coinbase B20 tokenized stock, a tokenized share of Apple (AAPL), issued as an ERC-20 token on Base. Priced around the clock from onchain trading, with the live US market quote whenever the stock is trading. It settles into your own Mo smart wallet rather than a brokerage account, and Coinbase makes it available to eligible non-US persons only. Apple designs the iPhone, Mac and iPad, and sells the software and services that run on them.
What to weigh
- You hold a Coinbase tokenized share of Apple (AAPL) on Base, in a Mo wallet rather than a brokerage account.
- The quote comes from onchain trading, and from the live US market while that market is open.
- Coinbase makes it available to eligible non-US persons only.
- Apple designs the iPhone, Mac and iPad, and sells the software and services that run on them.
- One token does not stay equal to one share. When the underlying pays a cash dividend or splits, Coinbase updates an onchain multiplier and the token balance stays the same. A cash dividend is converted into more underlying shares, not paid out as cash. A split moves the share price and the multiplier in opposite directions. Mo shows the share count from that multiplier. See how B20 handles dividends and splits.
