Base
AMZNc is a Coinbase tokenized stock on Base. Coinbase issues one B20 token for each Amazon share it holds, so the token tracks the real economic exposure of the underlying stock. The shares are kept in regulated, bankruptcy-remote custody separate from Coinbase. The token is a freely transferable ERC-20 that can be held in a self-custodial wallet and used across the Base DeFi ecosystem. It is available only in eligible jurisdictions outside the United States.
Amazon shares, tokenized one-to-one by Coinbase and tradable on Base.
Prism analyst note
AMZNc is a Coinbase tokenized stock on Base, backed one-for-one by a Amazon share held in regulated, bankruptcy-remote custody. It is a freely transferable ERC-20 usable across Base DeFi, but it is offered only in eligible jurisdictions outside the United States. The price on Prism is the live on-chain quote, which can sit slightly above or below the underlying share as supply and demand move. As of the snapshot it traded at $253.92 against an underlying share near $263.99.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- One Amazon share, held 1:1.
- Legal structure
- Coinbase-issued tokenized stock (B20), backed 1:1 by the underlying share.
- Jurisdiction
- Available only in eligible jurisdictions outside the United States.
- Custodian
- Regulated third-party custodian (bankruptcy-remote; name not disclosed by Coinbase).
- Administrator
- Coinbase
- Reserve information
- Each token is backed one-to-one by a Amazon share held in regulated, bankruptcy-remote custody separate from Coinbase. Review the prospectus and disclosures linked from base.org/stocks.
- Transfer restrictions
- Freely transferable ERC-20 on Base. It can be held in a self-custodial wallet and used across Base DeFi. Acquisition from Coinbase is limited to eligible jurisdictions outside the United States.
- Investor eligibility
- Non-US persons (Reg S)
- KYC required
- No, permissionless transfers
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers.
Documents & disclosures
Frequently asked
How is it backed?+
Coinbase holds one Amazon share for every token and keeps those shares in regulated, bankruptcy-remote custody separate from its own balance sheet.
Do I need KYC to hold it?+
No. The on-chain token is a permissionless ERC-20, so no verification is needed to hold or transfer it. Acquiring it from Coinbase is limited to eligible jurisdictions outside the United States.
Why might the price differ from the share?+
The token trades on its own on-chain markets, so supply and demand can push it slightly above or below the underlying share price.
