Coinbase xStock (COINX) Price

COINx is a Solana-based token that tracks the share price of Coinbase Global, Inc., offering regulated on-chain access to the company’s equity via Backed Finance.

xStocks are blockchain-based tokens that digitally represent specific equities or exchange-traded funds (ETFs). Each token corresponds 1:1 with a real-world underlying asset held by a custodian. These tokens are issued on the Solana blockchain and are designed to be used by eligible participants for gaining traditional asset exposure in decentralised finance (DeFi) settings and regulated token platforms.

Coinbase xStock (COINx) is a tokenised tracker certificate that reflects the share price of Coinbase Global, Inc. (NASDAQ: COIN). It is issued on the Solana blockchain and designed to provide eligible investors with regulated on-chain access to the stock’s market value.

The underlying asset is Coinbase Global, Inc., a major cryptocurrency exchange that allows users to buy, sell, and manage digital assets. It serves both retail and institutional clients and operates as a remote-first company without a physical headquarters.