# Apple Inc. (Coinbase Tokenized Stock) (AAPLc)

## Instrument: [Apple Inc. (Coinbase Tokenized Stock) (AAPLc)](/stocks/instruments/apple-coinbase-tokenized-stocks-aaplc)

Provider: [Coinbase](https://www.coinbase.com/tokenize) (ID: coinbase-tokenized-stocks).[^8]

- **Token price: 344.81 USD**. Source: [CoinGecko](https://www.coingecko.com/en/coins/apple-coinbase-tokenized-stock); asOf: 2026-11-01T11:41:55.000Z; observedAt: 2026-11-01T11:42:25.738Z. CoinGecko aggregate USD price per provider coin unit; equivalence to raw deployment units or underlying shares is not established. Provider update time, not necessarily last trade; independent secondary trading is not established.

- **Token market cap: 2368766 USD**. Source: [CoinGecko](https://www.coingecko.com/en/coins/apple-coinbase-tokenized-stock); asOf: 2026-11-01T11:41:55.000Z; observedAt: 2026-11-01T11:42:25.738Z. CoinGecko-reported circulating market cap for this coin, not FDV or a sum of deployments; circulation is not independently audited. As-of is provider row update time, not necessarily last trade.

ID: apple-coinbase-tokenized-stocks-aaplc. Asset ID: apple. Aliases: none.

- **Legal issuer: Coinbase Onchain SPV Ltd**. ADGM-incorporated private company; distinct from Coinbase Global, Inc. (COIN), the corporate parent described in prospectus background.[^3][^9]

- **Structure: Certificates over shares representing a pro rata beneficial interest in deposited property held on trust**. Issuer/API describes initially 1:1 interests with shares held in segregated custody at a regulated broker-dealer. Ratio may change for reinvestment, fees, taxes and other corporate actions. Apple prospectus classifies Certificates representing certain Financial Instruments under paragraph 92, Schedule 1 FSMR; legal register maintained by Onchain Marketplace Ltd as CSD controls legal title, not token possession alone. No reserve verification.[^3][^9]

- **Dividend treatment: Reinvested**. Current operating descriptions say distributions generally reinvest after applicable taxes, fees and expenses, reflected through multiplier/share-to-token ratio, not raw token-count increases or direct cash dividends. Applicable prospectus terms permit reinvestment, sale, retention as deposited property, or other ratio adjustments at issuer determination. Not an unconditional promise for all events or claim every stock pays dividends.[^3][^7][^9]

- **Shareholder rights: Not a direct shareholder**. Not a direct investment in underlying shares and no direct underlying voting rights. Reviewed Apple/other prospectus terms distinguish Vested and Unvested holders: registered ownership of certificates and direct exercise of redemption/other rights require vesting, compliance and issuer recognition. Issuer may endeavour to vote underlying on timely written Vested-holder instructions, subject to applicable law, practical limits, issuer constitution and terms; not guaranteed proxy voting and not direct shareholder status. Primary creation/redemption operational routes involve Authorized Participants.[^9][^8][^3]

### Base deployment (eip155:8453)

ID: apple-coinbase-tokenized-stocks-aaplc-base. Instrument ID: apple-coinbase-tokenized-stocks-aaplc.

- **Address: 0xb200000000000000000000C2e324d24d7eEcd1fb**. Issuer-published base token address; no onchain execution or runtime verification.[^3][^5][^4]

[View address](https://basescan.org/token/0xb200000000000000000000C2e324d24d7eEcd1fb)

- **Decimals: 8**. Issuer registry explicitly publishes decimals for this exact deployment; not an RPC observation.[^3]

- **Balance accounting: Scaled UI amount**. Base B20 documentation: raw token units remain unchanged by corporate-action multiplier updates. balanceOfUI (alias of scaledBalanceOf) applies multiplier; uiMultiplier aliases multiplier. Apply decimals as specified by method; do not multiply an already scaled result again. API total\_supply is normalized token-unit supply, not share equivalents; API multiplier is already normalized from 18-decimal fixed point. No per-deployment getter tests.[^7][^6][^5]

- **Lifecycle: Unknown**. Published address does not establish operational lifecycle, current minting, eligibility or trading availability.[^3][^5][^4]

## Underlying: [Apple Inc. (AAPL)](/stocks/apple)

ID: apple. Aliases: Apple, Apple stock, Apple shares.

- **Stock price: 344.63 USD**. Source: [Yahoo Finance](https://finance.yahoo.com/quote/AAPL/); asOf: 2026-10-30T20:00:01.000Z; observedAt: 2026-11-01T11:42:05.165Z. Regular-market price in USD per underlying listed share; not after-hours or token price.

- **Stock market cap: 5029592301568 USD**. Source: [Yahoo Finance](https://finance.yahoo.com/quote/AAPL/); asOf: unknown; observedAt: 2026-11-01T11:42:05.165Z. Yahoo-reported equity market cap; effective date unknown (not exposed). Share-class methodology is not independently confirmed; not an independent audit.

- **Identity: Apple Inc. / AAPL**. Underlying name and symbol published on the AAPLx product page; distinct from either tokenized instrument.[^1]

- **Underlying ISIN: US0378331005**. Underlying security ISIN on the AAPLx product page, not the AAPLx instrument ISIN (CH1436219187) and not an AAPLon instrument identifier.[^1]

- **Exchange: Nasdaq Stock Market (XNAS)**. Underlying listing exchange reported by the issuer API, not the venue where the token trades.[^2]

## Evidence sources

[^1]: [Apple xStock - Backed Assets](https://assets.backed.fi/products/apple-xstock) — checkedAt: 2026-10-31T11:15:54Z; scope: instrument.

[^2]: [Apple xStock — xStocks public asset API](https://api.xstocks.fi/api/v2/public/assets/AAPLx) — checkedAt: 2026-10-31T13:20:50.660917+00:00; scope: instrument.

[^3]: [Coinbase public Tokenized Stocks API, page\_size=500](https://api.coinbase.com/v1/tokenized-stocks?page_size=500) — checkedAt: 2026-10-31T18:52:16.816970Z; scope: issuer-family.

[^4]: [Coinbase protocol chain registry](https://api.coinbase.com/v1/tokenized-stocks/chains) — checkedAt: 2026-10-31T18:52:17.012469Z; scope: issuer-family.

[^5]: [List Tokenized Stocks API schema and pagination](https://docs.base.org/sdks/tokenized-stocks/api-reference/list-tokenized-stocks.md) — checkedAt: 2026-10-31T18:51:53.855616Z; scope: issuer-family.

[^6]: [Public API overview and balance interpretation](https://docs.base.org/sdks/tokenized-stocks/overview.md) — checkedAt: 2026-10-31T18:51:53.581354Z; scope: issuer-family.

[^7]: [Base stock integration / B20 multiplier semantics](https://docs.base.org/build-on-base/integrate-defi/list-tokenized-stocks.md) — checkedAt: 2026-10-31T18:52:17.181821Z; scope: issuer-family.

[^8]: [Coinbase Tokenize product and FAQ](https://www.coinbase.com/tokenize) — checkedAt: 2026-10-31T18:53:47.929121Z; scope: issuer-family.

[^9]: [Apple Inc. CB Certificates prospectus](https://api.coinbase.com/v1/tokenized-stocks/prospectus/AAPLc.pdf) — checkedAt: 2026-10-31T18:53:08.379809Z; scope: instrument.

---

[HTML](/stocks/instruments/apple-coinbase-tokenized-stocks-aaplc) · [JSON](/stocks/instruments/apple-coinbase-tokenized-stocks-aaplc.json) · [Methodology](/methodology.md)