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SAPc · SAP SE tokenized stock

SAPc is SAP SE's tokenized stock on Base: a B20 token issued by Coinbase and backed one to one by a real SAP SE share held with a regulated custodian.

> SAPc has no Chainlink feed yet, so there is no price history here: the price below is its Aerodrome pool's own.

read at block 52 422 514 · 12:12:56 utc · buy and sell here, not in boxes

price
$223.41
its aerodrome pool's price, no chainlink feed
issued
140
shares Coinbase has minted
pool depth
$24,263.58
usdc in the pool it trades in
a $100 buy pays
+0.01%
over the pool's price, fee included

The token

standard
B20 on Base, an ERC-20 extension for tokenized assets · 8 decimals
issuer
Coinbase
backing
one real SAP SE share per token, held with a regulated custodian
price feed
none yet: priced by its pool
supply
140 shares
status here
buy and sell here, not in boxes

Buy SAPc here

  1. Connect a wallet with USDC on Base - Coinbase Wallet, MetaMask, Phantom, Rabby or any other.
  2. Open your profile's Portfolio tab, switch to Buy and type a dollar amount next to SAPc. Add other stocks if you like.
  3. 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. SAPc 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 SAPc

Win SAPc in a box

SAPc is not in the boxes: a box pays only stocks with a Chainlink price feed, which a prize is valued with, and SAPc has none yet. The Vault shows what is paying.

Open a box

Questions

Is SAPc the same as SAP SE stock?

SAPc is a token on Base that tracks one SAP SE 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 SAP SE dividends or voting rights with SAPc?

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 SAPc 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 SAPc 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. SAPc has no Chainlink feed to check it against.

Every Coinbase tokenized stock on Base →