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OPENc, Opendoor

OPENc logo

What is OPENc?

OPENc is a Coinbase B20 tokenized stock, a tokenized share of Opendoor (OPEN), listed as an ERC-20 token on Base. Coinbase lists it, and no tokens have been issued yet, so it is not available to trade. It settles into your own Mo smart wallet rather than a brokerage account, and Coinbase makes it available to eligible non-US persons only. Opendoor buys and sells homes online.

What to weigh

  • You hold a Coinbase tokenized share of Opendoor (OPEN) on Base, in a Mo wallet rather than a brokerage account.
  • Coinbase lists it, and no tokens have been issued, so it is not available to trade.
  • Coinbase makes it available to eligible non-US persons only.
  • Opendoor buys and sells homes online.
  • 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.

Fees and settlement

Why trade at Mo

OPENc is on the Coinbase list. No tokens have been issued yet, so it is not available to trade in Mo.

  • A trade in Mo costs 0.1%, with no hidden spread. Moving money in from a bank is free. Moving money out to a bank costs 1%, plus $0.50 for ACH, $10 for a wire, or $25 for SWIFT.
  • A transfer from one Mo wallet to another is free.
  • A transfer on Base settles in seconds.
  • The asset sits in a Mo smart wallet that you control.

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Token details

OPENc logo
Symbol
OPENc
Network
Base
Decimals
8
Underlying stock
Contract on Base

Match the contract address above before you buy. If a token is not on Coinbase’s list, Coinbase did not issue it. See Coinbase Tokenized Stocks on Base, with listings and prospectuses

This page is informational and is not an offer, solicitation, or recommendation to buy or sell any security. Coinbase Tokenized Stocks are issued by Coinbase and offered under Regulation S; they are only available in eligible jurisdictions outside of the US. Availability, features, and rights vary by product, jurisdiction, and venue. Base is neutral, permissionless infrastructure; it does not issue, sell, or endorse these tokens, and listing a venue is not an endorsement. Verify contract addresses before interacting with any token. Ticker availability, format, and timing are subject to regulatory approval.

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