Token Terminal has added GOOGLc to its tokenized assets dashboard, providing users with a way to track the blockchain-based version of Alphabet Inc.’s Class A shares. The token, issued by Coinbase Onchain SPV Ltd., an entity registered in Abu Dhabi Global Market, represents a beneficial interest in actual Alphabet shares held in segregated custody on a 1:1 basis, with a market cap of approximately $1.5 million. The product is designed specifically for non-US eligible users and offers 24/7 access to Alphabet shares, unlike traditional markets that close at 4 PM Eastern. The tokenized assets category tracked by Token Terminal now exceeds $345 billion in total market capitalization.
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