<?xml version="1.0" encoding="UTF-8"?><oembed><type>video</type><version>1.0</version><html>&lt;iframe src=&quot;https://www.loom.com/embed/afb18a2a05d74164a2f41505c767b4d5&quot; frameborder=&quot;0&quot; width=&quot;1280&quot; height=&quot;960&quot; webkitallowfullscreen mozallowfullscreen allowfullscreen&gt;&lt;/iframe&gt;</html><height>960</height><width>1280</width><provider_name>Loom</provider_name><provider_url>https://www.loom.com</provider_url><thumbnail_height>960</thumbnail_height><thumbnail_width>1280</thumbnail_width><thumbnail_url>https://cdn.loom.com/sessions/thumbnails/afb18a2a05d74164a2f41505c767b4d5-21042c45f7e6a056.gif</thumbnail_url><duration>296.272</duration><title>Talon on Base Splits Stock Yield Exposure</title><description>This Loom explains Talon’s base protocol for splitting official Coinbase stock tokens into independently transferable claims. The presenter contrasts how a stock is normally one inseparable asset, while Talon separates price exposure from principal and yield exposure. They demonstrate with an Apple stock token live on Base, showing deposits into vaults, creating a “split deposit,” and confirming the transaction on Basecan. The video also mentions gifting, where one claim can be gifted without touching the other, and reiterates the goal of programmable principal splitting to avoid issues like fake dividends and prices.</description></oembed>