Robinhood and Coinbase both moved this week on the same theme: tokenized stocks.
Robinhood closed Friday at $109.02 (+1.88%) after saying it's exploring a tokenized ETF with T. Rowe Price, a $1.9T asset manager, on Robinhood Chain. Coinbase has run from the $170s into the $190s over the past few weeks, with Goldman lifting its target to $219 and Needham to $200.
The bigger number sits underneath both stocks. Binance Research says tokenized stocks hit 11% of DEX trading volume in September, closing in on meme coins' 17%. The category crossed $3B in market cap in late September, up from near zero a year ago. BNB Chain and Robinhood Chain now handle 88.2% of tracked tokenized-equity DEX volume, versus 2.3% in June.
The part that's actually new: tokens like bStocks trade 24/7. You can react to a headline on a Sunday night instead of waiting for Monday's open. That loop between onchain tokens and the brokerage's real share price barely existed a year ago.
This followed the SEC granting temporary relief in September for permissioned tokenized stock trading, after the CLARITY Act stalled in the Senate. The exemption is capped and expires in five years unless replaced.
Not financial advice, just a genuinely new market structure worth watching.
Would you want your whole portfolio tradeable 24/7, or does the market close actually protect you? And if a tokenized fund trades differently from the real share overnight, which price do you trust?
Full story: https://www.bonuz.xyz/en/blog/24-7-tokenized-equity-boom-weekend-stock-trading
#TokenizedStocks #Robinhood #Coinbase
Robinhood closed Friday at $109.02 (+1.88%) after saying it's exploring a tokenized ETF with T. Rowe Price, a $1.9T asset manager, on Robinhood Chain. Coinbase has run from the $170s into the $190s over the past few weeks, with Goldman lifting its target to $219 and Needham to $200.
The bigger number sits underneath both stocks. Binance Research says tokenized stocks hit 11% of DEX trading volume in September, closing in on meme coins' 17%. The category crossed $3B in market cap in late September, up from near zero a year ago. BNB Chain and Robinhood Chain now handle 88.2% of tracked tokenized-equity DEX volume, versus 2.3% in June.
The part that's actually new: tokens like bStocks trade 24/7. You can react to a headline on a Sunday night instead of waiting for Monday's open. That loop between onchain tokens and the brokerage's real share price barely existed a year ago.
This followed the SEC granting temporary relief in September for permissioned tokenized stock trading, after the CLARITY Act stalled in the Senate. The exemption is capped and expires in five years unless replaced.
Not financial advice, just a genuinely new market structure worth watching.
Would you want your whole portfolio tradeable 24/7, or does the market close actually protect you? And if a tokenized fund trades differently from the real share overnight, which price do you trust?
Full story: https://www.bonuz.xyz/en/blog/24-7-tokenized-equity-boom-weekend-stock-trading
#TokenizedStocks #Robinhood #Coinbase