Price change (24h):
0.00%
High (24h):
$
Low (24h):
$
Volume (24h):
$91.32
Market Cap:
$64.23K
All Time High:
66.67% $432.70
Jul 18, 2025
All Time Low:
106% $70.07
May 23, 2026
Wrapped Backed Coinbase Global
WBCOIN60.15 %(1Y)
$144.23
About Wrapped Backed Coinbase Global
Wrapped Coinbase Global tokenized stock (Backed) (WBCOIN) is a cryptocurrency representing tokenized equity of Coinbase Global, Inc., issued by Backed Finance. The token sits squarely inside the real-world asset vertical, fusing a regulated stock with an on-chain bearer instrument.
Trading under the ticker wbCOIN, the asset mirrors the price of Coinbase shares and operates on the Base network. The token belongs to a broader class of MiFID II-compliant financial products that Backed structures under an approved EU prospectus, effectively linking traditional stock markets with decentralized finance. It strips away the need for a conventional brokerage, delivering exposure through a permissionless, auditable on-chain wrapper.
Wrapped Coinbase Global tokenized stock operates on the Base network, while identical contract deployments exist on Ethereum, Gnosis Chain, Avalanche, and Polygon. This multi-chain footprint avoids liquidity silos without abandoning a unified token standard.
The token conforms to the ERC-20 standard, enabling deep compatibility with wallets, decentralized exchanges, and lending protocols across all supported EVM environments. A single canonical contract address—0xdec933e239…—anchors each deployment, reinforcing cross-chain fungibility. Backed’s issuance framework subjects the token to regulatory oversight as a MiFID II-compliant instrument, an unusual attribute among on-chain equity wrappers.
Backed Finance created the product as part of its on-chain equities suite, drawing on a prospectus approved by the Liechtenstein Financial Market Authority. The token wrapper emerged to satisfy demand for liquid, collateralized exposure to a publicly traded crypto-native company without the settlement delays and custodial friction of legacy markets. Early trading concentrated on Base, where it integrated into the chain’s nascent DeFi ecosystem.
The project’s objective extends beyond a single stock. It aims to reconstruct the architecture of asset ownership by programmatically linking off-chain securities to transparent, self-custodial ledgers. Regulated equities become composable inside smart contracts, generating capital market primitives that neither purely traditional nor purely crypto-native systems could execute alone.
Each wbCOIN token constitutes a bearer instrument representing a pro-rata claim on Coinbase Global shares held in a segregated custody account. Transferring the token moves beneficial ownership of the underlying equity on-chain, while a licensed third-party custodian holds the actual securities. Redemption mechanisms allow token holders to burn wbCOIN and reclaim the equivalent stock through approved channels, preserving the 1:1 peg.
Institutional market makers mint new tokens by depositing shares with the custodian, then offer them on decentralized venues where global investors can buy, sell, or supply liquidity. Lending protocols accept wbCOIN as collateral for stablecoin loans, and structured product vaults incorporate it into yield-generating strategies. Arbitrageurs exploit deviations between on-chain price and the underlying Nasdaq-listed shares to tighten the peg.
Wrapped Coinbase Global tokenized stock has a total supply of 446.33 tokens. Currently, 446.33 are in circulation. With a market capitalization of $68,100.96, Wrapped Coinbase Global tokenized stock (Backed) ranks #8,461 among all cryptocurrencies.
Wrapped Backed Coinbase Global Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 08/07/2026 | $144.23 | $144.23 | $144.25 | $144.23 |
| 07/07/2026 | $116.63 | $144.23 | $144.37 | $116.63 |
| 05/07/2026 | $146.03 | $146.75 | $146.89 | $146.02 |
| 04/07/2026 | $141.53 | $146.03 | $146.17 | $141.51 |
| 03/07/2026 | $129.85 | $141.51 | $141.53 | $129.84 |
Why is manual trading Wrapped Backed Coinbase Global a bad idea?
Manual wbcoin trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Wrapped Backed Coinbase Global (WBCOIN) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live WBCOIN price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Wrapped Backed Coinbase Global (WBCOIN) is $144.23. Over the last 24 hours, it has moved 0.00%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Wrapped Backed Coinbase Global on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your WBCOIN investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Wrapped Backed Coinbase Global's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - WBCOIN can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether Wrapped Backed Coinbase Global is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. WBCOIN can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
