MicroStrategy (Coinbase Tokenized Stock)
MSTRC Rank #2528Price chart
What is MicroStrategy (Coinbase Tokenized Stock)?
Overview
MicroStrategy (Coinbase Tokenized Stock) provides onchain exposure to shares of the company through a regulated digital security. Each token represents a proportional beneficial interest in shares held in segregated custody by a regulated broker-dealer and custodian. The token is part of Coinbase's infrastructure for representing traditional financial instruments as digital securities, accessible to eligible holders who meet compliance and identity-verification requirements.
How it works
The token operates on the Base blockchain as a certificate of beneficial ownership rather than direct equity. Underlying shares are custodied in segregated accounts while Onchain Marketplace Ltd maintains the registry as a Central Securities Depositary. Authorized Participants create tokens by delivering corresponding shares, and eligible holders may redeem tokens for underlying shares or through other supported settlement methods.
Token and supply
MSTRC tokens represent fractional claims on the underlying share pool. The share-to-token ratio adjusts over time to reflect reinvested dividends, fees, taxes, and corporate actions. Total supply is approximately 11 thousand tokens with a circulating amount around 11 thousand tokens. New tokens are issued when Authorized Participants contribute underlying shares.
Where to trade MSTRC
Exchanges that list this asset
Live spot quotes from connected exchanges
MSTRC funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.