Token Terminal has added NVDAc to its tracking platform, providing the first detailed analysis of this tokenized version of Nvidia stock trading on-chain. The token was issued by Coinbase through its Onchain SPV Ltd entity on August 24, 2026, on the Base blockchain, offering 1:1 economic exposure to Nvidia common stock. Structured as a B20-standard token under Abu Dhabi Global Market regulations and backed by Nvidia shares held in segregated custody, NVDAc reached a market cap between $2.4 and $2.63 million within two days. Token Terminal now tracks over 4,600 tokenized assets with a combined market cap exceeding $345 billion. US persons are explicitly excluded from accessing this product, which trades on decentralized exchanges and processes dividends on-chain.
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