Gifted StockWENc · Wendy's tokenized stock
WENc is Wendy's's tokenized stock on Base: a B20 token issued by Coinbase and backed one to one by a real Wendy's share held with a regulated custodian. Wendy's runs the fast-food hamburger chain.
> WENc 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 Wendy's share per token, held with a regulated custodian
- price feed
- none yet: priced by its pool
- supply
- 241.76558697 shares
- trades on base
- Aerodrome pool 0x5532…04B8, $85.03 usdc deep
- status here
- buy and sell here, not in boxes
Buy WENc 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 WENc. 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. WENc 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 WENcWin WENc in a box
WENc is not in the boxes: a box pays only stocks with a Chainlink price feed, which a prize is valued with. WENc has none yet. The Vault shows what is paying.
Questions
Is WENc the same as Wendy's stock?
WENc is a token on Base that tracks one Wendy's 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 Wendy's dividends or voting rights with WENc?
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 WENc 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 WENc 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. WENc has no Chainlink feed to check it against.