What is AMAZON (COINBASE TOKENIZED STOCK)(AMZNC)?

Basic information about AMZNC

Coin name:

Amazon (Coinbase Tokenized Stock)

Coin symbol:

Coin introduction:

About Amazon (Coinbase Tokenized Stock) (AMZNc) Amazon (Coinbase Tokenized Stock) is an onchain certificate that provides economic exposure to shares of Amazon through a tokenized security issued by Coinbase Onchain SPV Ltd in the Abu Dhabi Global Market (ADGM). Each token initially represents a 1:1 beneficial interest in shares held in a segregated custody account with a regulated broker-dealer and custodian. The applicable share-to-token ratio may change over time to reflect reinvested distributions, fees, taxes, corporate actions, and other adjustments. The token can be held and transferred through supported blockchain networks and used in decentralized finance markets. Dividends and other distributions received on the underlying shares are generally reinvested, after applicable taxes, fees, and expenses, with the resulting economic benefit reflected through an adjustment to the share-to-token ratio. What Is Amazon (Coinbase Tokenized Stock)? Amazon (Coinbase Tokenized Stock) is part of Coinbase’s onchain capital-markets infrastructure, designed to represent traditional financial instruments as regulated digital securities. The token is a certificate over shares rather than a direct investment in Amazon. Each token represents a proportional beneficial interest in the pool of underlying shares and related property held on trust by Coinbase Onchain SPV Ltd. The underlying shares are held in segregated custody, while Onchain Marketplace Ltd operates the tokenization infrastructure and maintains the definitive legal ownership register in its capacity as a Central Securities Depositary. Authorized Participants create tokens by delivering the corresponding underlying shares or subscription value. Eligible holders who satisfy applicable vesting, identity-verification, sanctions, and compliance requirements may redeem tokens for the underlying shares or through another supported settlement method.

Current Price:

$256.11More coin details

All-time high:

$257.08

All-time low:

$256.11

AMZNC Supply Info and Tokenomics

Circulating supply:

Total supply:

4,849

Max supply:

Market cap:

$0.00

Fully diluted valuation:

$1.24M

What is the outlook and future value of AMZNC?

The current market cap of AMZNC is $0.00, ranked 14575 in the market, showing that the market already recognizes the value of AMZNC. When a bull market arrives, the market cap of AMZNC may continue to grow.

Moreover, if AMZNC can play a greater role in real-world applications—such as if the Monero developers can fully empower AMZNC and establish partnerships with more business partners to expand its user base—then the long-term value of AMZNC will be further enhanced.

What is the price of AMZNC in 2027?

According to the historical price performance prediction model of AMZNC, the price of AMZNC is expected to reach $268.92 at 2027.

Note: As with any crypto investment, investors should closely monitor AMZNC’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get AMZNC?

Purchasing AMZNC with cash is not the only way to obtain AMZNC. If you have enough time, you can get AMZNC for free.

Learn how to get Hot rewards for free with AMZNC.

Earn free AMZNC by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get AMZNC airdrops for free.

All crypto airdrops and rewards can be exchanged for AMZNC through LBank spot trading.

Buy AMZNC starting from $1

What is AMZNC used for and how to use it?

The use cases for AMZNC may grow with the development of the crypto market and project progress. Currently, you can use AMZNC to:

Arbitrage trading of AMZNC

AMZNC is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many AMZNC trading pairs to suit your needs.

Earn yield with AMZNC

You can also lend out AMZNC or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your AMZNC gains.

Send or pay with AMZNC

If you want to pay someone with AMZNC, you can easily and quickly send AMZNC to them using their receiving address.

You can also visit the official website of Amazon (Coinbase Tokenized Stock) to learn more use cases of AMZNC, such as whether the Amazon (Coinbase Tokenized Stock) project supports community/eco apps or buying physical or virtual goods with AMZNC.