TARM · Tokenized Asset Risk Metrics · All assets

Coinbase Bitcoin (CBBTC)

Tokenized Bitcoin · issued by Coinbase Custody · Ethereum, Base

2
Low Risk · Grade B
TARM composite · driven by the highest-risk pillar
FLOG dimensions — 1 is lowest risk, 5 is highest
Financial1 / 5 — Very Low
Legal1 / 5 — Very Low
Operational1 / 5 — Very Low
Governance2 / 5 — Low
BackingBitcoin 1:1 (cold storage)
JurisdictionUSA
Primary sourceCoinbase official

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