Coinbase tokenized stocks generate $124M in DEX trading volume within four days

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Coinbase launched tokenized versions of four major tech stocks—NVIDIA, Alphabet, Apple, and Meta—on its Base blockchain on August 24. Backed 1:1 by real shares held by broker Alpaca under Abu Dhabi regulation, these tokens accumulated 124.8 million dollars in cumulative trading volume within just four days. Daily volumes exceeded 10 million dollars during the first week. This initiative positions Base as a serious competitor in the tokenized financial assets space, with the broader market reaching approximately 2.48 billion dollars. These products are available to eligible non-US users only.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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