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Solana's tokenized Grindr stock hits $31M volume, doubling NYSE trading in 24 hours

Market News
12 Sep 2026
Crypto Briefing
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Bullish
Solana's tokenized Grindr stock hits $31M volume, doubling NYSE trading in 24 hours

A tokenized version of Grindr's stock launched on Solana generated over $31 million in trading volume within 24 hours, nearly doubling the $16.6 million volume on Grindr's NYSE listing the day before. This tokenized stock trades on decentralized exchanges and offers 24/7 trading, unlike traditional stock markets. However, US investors cannot participate, limiting the market mainly to international and crypto-native traders. While initial volume was high, trading activity dropped sharply after the first day, a pattern seen with other tokenized stocks on Solana.

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