CRMc — Salesforce, Inc. (Coinbase Tokenized)
- Issuing entity
- Coinbase Onchain SPV Ltd.
- Jurisdiction
- ADGM (Abu Dhabi)
- Launched
- 2026-10-25contract creation on base
- Added to registry
- 2026-10-26
- Token ISIN
- not published
- Underlying asset
- Salesforce (CRM)
- Underlying ISIN
- US79466L3024
- Offering
- ADGM prospectus
- Governing law
- ADGM law
- Regulator
- FSRA, ADGM (prospectus approval)
- Custodian
- Alpaca Securities LLC
- Claim
- Beneficial interest in underlying share (ADGM prospectus; Coinbase Onchain SPV Ltd.)
- Backing
- 1:1 underlying share held with Alpaca (regulated broker-custodian)
- Eligibility
- Primary issuance to Authorised Participants only (Professional Clients or Market Counterparties); holders must be non-US persons (Reg S) and pass KYC vesting to redeem
- Redemption
- Authorised Participants and KYC-vested holders via the Tokenisation Entity; paid in-kind (underlying shares), in cash (USD) or in stablecoin (USDC)
- Fees
- Creation fee 0.01%; redemption fee 0.05%; distribution fee 5.0% of gross dividends and other distributions
- Attestation
- Not disclosed
- Governing documents
- Prospectus (FSRA-approved, 2026-10-23) · ADGM prospectus (Coinbase Onchain SPV Ltd, SpaceX CB Certificates, 3 Sept 2026)
- CEX listings (confirmed)
- —
Chain deployments
| Chain | Standard | Contract | Decimals | Issuance | Interop | Verification | Chain read | Status |
|---|---|---|---|---|---|---|---|---|
| base | B20 | 0xb20000…718dbb | 8 | — | — | verified | 2026-11-15 | active |
Verification is the address matching the issuer's own published source. Chain read is the last time the contract itself was read from a public node or indexer — a separate, later fact. Issuer-reported means the issuer's published per-chain supply confirmed the deployment; the asset itself was not read.