What is WDCc?
WDCc is a Coinbase tokenized representation of Western Digital (WDC), using the ERC-20 standard on Base. Trading, when available, is limited to eligible non-US persons. Western Digital makes hard drives and storage for data centers and consumers.
What to weigh
- The token can lose value as the reference share price changes, and its market price may differ from that share price.
- Blockchain transfers depend on the network and wallet address; confirmed transfers may be difficult or impossible to reverse.
- A token does not always represent the same share amount. For cash dividends and stock splits, Coinbase updates an onchain multiplier while the token balance stays the same. Cash dividends are converted into additional underlying shares rather than paid as cash; a split changes the share price and multiplier in opposite directions. Mo uses the multiplier to display the share amount. See how B20 handles dividends and splits.
