⌘KTry LlamaAI

Wrapped Backed Coinbase Global

(wbCOIN)

Website Twitter LinkedIn Docs GitHub

Onchain Marketcap$76,845

Active Marketcap$76,845

DeFi Active TVL$3,061

wbCOIN Price$161.05

Chains6

Token Properties

CategoryRWA Wrappers,Stocks & Equities

Asset ClassSingle Asset Wrapper,Stock Backed

TypeWrapper

RWA ClassificationProgrammable Finance

Access ModelPermissionless

Parent PlatformBacked Finance

Classification

RedeemableIndicates whether the token can be redeemed for underlying assets

TransferableIndicates whether the token can be transferred freely between on chain addresses

Self CustodyIndicates whether the token can be held in a user controlled wallet

AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing

Issuer Information

IssuerBacked Assets (JE) Limited

Registry InformationBacked Assets (JE) Limited – Jersey company no. 152608, registered address First Floor, La Chasse Chambers, Ten La Chasse, St. Helier, Jersey JE2 4UE. LEI 984500001AB7C6C7F577.

Sourcehttps://assets.backed.fi/products/bcoin

Oracle

Chainlink Proof of Reserve + The Network FirmView oracle proof details

Attestations

Date of Last AttestationContinuous (on-chain)

Attestation FrequencyContinuous (real-time Chainlink PoR)

View AttestationsThird-party verification reports View AttestationsThird-party verification reports

Notes

wbCOIN is the ERC-4626 wrapped version of bCOIN (Backed Coinbase Global), deployed across multiple chains. It wraps bCOIN into a standardized vault-share token to enable DeFi composability such as use as collateral in lending markets, automated strategies, and other yield protocols. Each wbCOIN represents a share claim on deposited bCOIN
underlying real-world exposure, redemption mechanics, and reference price tracking are inherited from the underlying bCOIN token issued by Backed Finance. The wrapper does not rebase, so its share-to-underlying ratio grows as Backed's bToken adjusts its balance for dividends and corporate events, making it a total-return tracker rather than a price-parity tracker.