Tokenized stock trading volume reached nearly $3 billion weekly in August, driven by Robinhood Chain, BNB Chain, and Solana, which dominate blockchain-based equity trading. This growth highlights the rapid expansion of markets allowing investors to trade traditional stocks on public blockchains, though only about 5% of tokenized equities are used in decentralized finance applications like lending or collateral. The tokenized stock market capitalization stands at around $3 billion, much smaller than the $34.3 billion tokenized funds market, indicating room for growth especially if tokenized stocks gain wider use in DeFi. Robinhood's tokenized stocks offer economic exposure without legal ownership, limiting U.S. access and pointing to future growth depending on broader adoption in financial services.
Ether (ETH) trading data reveals Coinbase's spot market has $3.234 million more buy bids than sell asks, with bids totaling $13.4277 million versus $10.1938 million in asks. Binance spot market also shows more bids than asks but with less depth, whil...
Hong Kong brokerage Futu Securities has enabled direct deposits and withdrawals of Binance Coin (BNB) via the BNB Smart Chain, allowing qualified investors to move BNB tokens between external wallets and brokerage accounts. This integration, supporte...
The total cryptocurrency market capitalization declined by 6.37% to $2.74 trillion as of October 22, with Bitcoin falling 4.04% to $81,255. Other major tokens like Ether, Solana, Dogecoin, XRP, and BNB also saw notable losses, with Dogecoin and XRP d...
On October 23, Binance Coin (BNB) increased by 1.78% to $746.17, showing positive momentum in the digital asset market. Meanwhile, Ether (ETH) remained stable at $2,402.89 with no change over 24 hours, indicating a period of price consolidation. Hype...
Uniswap has launched Aggregator Hooks across Ethereum, Base, and Robinhood Chain, allowing external liquidity to integrate with its v4 pools and expanding trading routes. Despite a large 180,000 UNI deposit to Binance raising selling concerns, spot b...
