Reality asset tokenization issuer Backed announced on the X platform that it has launched a tokenized Coinbase stock wbCOIN on the Base network. Users can redeem through CoWSwap, and liquidity comes from Aerodrome. The wbCOIN/USDC trading pair is now live, 1:1 supported, freely transferable, and has a legitimate COIN stock value claim. Additionally, Backed clarified, "We have no affiliation with Coinbase. We just love the stock."