Tokenized Stocks Traded $1 Billion While The Stock Market Was Shut

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Tokenized stocks traded $1.01 billion over the Labor Day weekend, nearly matching the $1.02 billion traded on Friday when U.S. exchanges were open. Robinhood Chain accounted for $572.8 million, or 57% of the measured total, followed by Binance bStocks at $303.5 million and Backed Finance xStocks at $87.1 million. The most traded token was QQQB, the bStocks version of the Invesco QQQ Trust, at $180.5 million. The tokenized equities sector holds $2.89 billion across 2.86 million holders, showing that round-the-clock trading makes a functional case for putting equities onchain.

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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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