eBay Enters Cryptocurrency Market with New Digital Asset

eBay operates an online e-commerce platform connecting buyers and sellers of goods. The company develops network software systems supporting item listings, competitive bidding auctions, and buy-it-now transactions.

The platform relies primarily on collecting transaction commissions and listing fees from third-party sellers who utilize its infrastructure to complete trades of second-hand items, collectibles, and new products.

eBay rStock is a digital asset associated with the company. According to Coinbase, the current market cap of eBay rStock is CA$0.00, and the circulating supply is 28 REBAY units.