standard

B20 standard

Token standard used for tokenized share products issued on the Base network, in which each token corresponds to a share held in custody.

Known aliases

B20
B20 token

Relationships

No evidence-backed relationships are recorded.

Current clusters

invest1 publisher

Coinbase's tokenized stocks averaged $7.4 million a day in their first month on Base

Coinbase reports $228 million of cumulative volume across ten equity tokens on Base, with one early day close to half that total. Alpaca holds the underlying shares under Abu Dhabi oversight, and Regulation S keeps US persons out.

Publishers:cryptobriefing.com

Reality

Evidence34
Adoption42
Hype gap+32
Incentives68
Confidence42

invest1 publisher

Coinbase's tokenized SpaceX share turns over six times its own float in a day

Volume that size on a float that small makes SPCXc an arbitrage venue before it is a place to hold a position, and every desk allowed to trade it sits outside the United States.

Publishers:cryptobriefing.com

Reality

Evidence30
Adoption42
Hype gap+32
Incentives60
Confidence38

invest1 publisher

One day of tokenized stock trading on Base equals 44% of its entire first month

Coinbase's layer-2 traded $100 million of tokenized Nvidia, Apple, Alphabet and Meta in one session, 26 days after the last time it managed that, and a single exchange has routed more than 77% of the flow since August.

Publishers:cryptobriefing.com

Reality

Evidence30
Adoption35
Hype gap+40
Incentives72
Confidence50