PYPLc · PayPal tokenized stock
PYPLc is PayPal's tokenized stock on Base: a B20 token issued by Coinbase and backed one to one by a real PayPal share held with a regulated custodian. PayPal runs online payments, including PayPal and Venmo.
> PYPLc has no Chainlink feed yet, so there is no price history here: the price below is its Aerodrome pool's own.
read at block 52 462 521 · 10:26:29 utc · buy and sell here, not in boxes
The token
- standard
- B20 on Base, an ERC-20 extension for tokenized assets · 8 decimals
- issuer
- Coinbase
- backing
- one real PayPal share per token, held with a regulated custodian
- price feed
- none yet: priced by its pool
- supply
- 161.0682849 shares
- trades on base
- Aerodrome pool 0x0A63…63C0, $3,196.12 usdc deep
- status here
- buy and sell here, not in boxes
Buy PYPLc here
- Connect a wallet with USDC on Base - Coinbase Wallet, MetaMask, Phantom, Rabby or any other.
- Open your profile's Portfolio tab, switch to Buy and type a dollar amount next to PYPLc. Add other stocks if you like.
- Confirm once. The stocks go through Aerodrome in one transaction and land in your wallet; 1% of the stock is our fee.
Selling works the same way from Sell side, for USDC. Buys start at $1 and sales at $0.05. PYPLc has no Chainlink feed, so a trade is held to its pool's own price instead: one that pays more than 1% over it or gets more than 1% under it, waits for you to confirm the figure and past 10% it is refused.
Buy PYPLcWin PYPLc in a box
PYPLc is not in the boxes: a box pays only stocks with a Chainlink price feed, which a prize is valued with. PYPLc has none yet. The Vault shows what is paying.
Questions
Is PYPLc the same as PayPal stock?
PYPLc is a token on Base that tracks one PayPal share. Coinbase issues it and holds a matching share with a regulated custodian, so it is backed one to one. You hold the token in your own wallet; the share stays in custody.
Do I get PayPal dividends or voting rights with PYPLc?
No voting rights: those stay with the custodian. A cash dividend is added through the token's multiplier, so after one a token stands for a little more than one share, rather than paying you.
Can I buy PYPLc in US?
No. Coinbase tokenized stocks are not offered to US persons and they are not available everywhere else either. Check your own rules before buying or opening a box.
What happens to PYPLc when the stock market is closed?
Its pool trades around the clock, but with the market shut nothing moves its price except the trades in it, so it can drift from where the stock opens next. PYPLc has no Chainlink feed to check it against.