Robinhood Just Took Over Tokenized Stock Trading
Robinhood went from 9.7 percent to 42 percent of tokenized stock trading in a single month.
Tokenized equities just hit a record 4.87 billion dollars in market value, up 13.7 percent from August, while monthly trading volume reached a record 15.6 billion dollars. $HOOD alone handled 6.57 billion dollars of that volume, and together with Binance’s bStocks it controls 76.7 percent of all activity. xStocks did 2.11 billion dollars and Coinbase 804 million dollars. On assets, Securitize leads with 1.62 billion dollars and $ONDO follows with 1 billion dollars.
The real gap: tokenized stocks are only 8 percent of the tokenized real-world asset market but 93 percent of its on-chain trading.
More is coming. OKX and the NYSE’s parent filed to trade 63 tokenized US stocks around the clock on a permissioned venue, settling against $USDC and other stablecoins. $BNB and $OKB sit right inside this race.
Robinhood went from 9.7 percent to 42 percent of tokenized stock trading in a single month.
Tokenized equities just hit a record 4.87 billion dollars in market value, up 13.7 percent from August, while monthly trading volume reached a record 15.6 billion dollars. $HOOD alone handled 6.57 billion dollars of that volume, and together with Binance’s bStocks it controls 76.7 percent of all activity. xStocks did 2.11 billion dollars and Coinbase 804 million dollars. On assets, Securitize leads with 1.62 billion dollars and $ONDO follows with 1 billion dollars.
The real gap: tokenized stocks are only 8 percent of the tokenized real-world asset market but 93 percent of its on-chain trading.
More is coming. OKX and the NYSE’s parent filed to trade 63 tokenized US stocks around the clock on a permissioned venue, settling against $USDC and other stablecoins. $BNB and $OKB sit right inside this race.