Coinbase Launches rStock Token Tied to Company Equity Value

Coinbase operates a digital-asset trading and financial-infrastructure platform for retail users, institutions, and developers. Its business spans spot trading, custody, staking, wallets, stablecoin-related revenue, and institutional services.

The company has introduced Coinbase rStock (RCOIN), which is a token tied to the value of Coinbase's equity. The token is not publicly traded on a blockchain, but its market capitalization is $2.90 million, with an all-time high price of $185.77 and an all-time low price of $168.25.

The tokenomics of RCOIN describe its economic model, including supply, distribution, and utility within the ecosystem. Understanding tokenomics, price trends, and market sentiment can help assess the potential future price movements of RCOIN.