The market value of tokenized stocks rose 790% year over year as of Oct. 12, according to Grayscale, reaching $3.4 billion as of Oct. 20 with 4.5 million holders. The article argues that leading chains such as BNB Chain, Ethereum and Solana may not translate this activity into value for coin holders, since Solana's fee burns are too small to meaningfully reduce supply. Citigroup estimated tokenized public equities could be worth about $2.6 trillion by 2030. An SEC exemption issued Sept. 17 lets qualifying U.S. venues offer tokenized stocks without registering as exchanges, a structure the article says favors Coinbase, whose Base chain had $8.1 million in tokenized assets, while Robinhood's 189 tokens worth $143.6 million are debt securities without voting rights. The author considers Robinhood and Coinbase stocks a better way to gain exposure to tokenization than cryptocurrencies, since they capture fees delivered to shareholders.
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cryptotokenized stocksCoinbaseRobinhood
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Related tickers and likely impact
ETH/USDT
▲ Likely positiveEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $285.6B |
| Close on 10/23/2026 | 2,387.60 |
| Change that session | -0.06% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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