Coinbase Narrows Binance’s Lead in Tokenized Stock DEX Trading
Photo: ETHNews
Coinbase generated $574.2 million in seven-day tokenized-stock DEX volume. Binance and Robinhood remained ahead, but Coinbase’s daily activity accelerated. The three largest issuers represented 75.1% of measured trading volume. Token ownership rights, redemption access and liquidity remain critical differences. Coinbase is closing the gap with Binance and Robinhood in decentralized trading of tokenized stocks, according to an October 16 snapshot shared by blockchain analytics platform Token Terminal. Coinbase is quickly catching up with Binance & Robinhood in tokenized stock DEX volume Over the past 7 days: • Binance: $753.2M • Robinhood: $672.3M • Coinbase: $574.2M Coinbase-issued tokenized stocks now see…
Source: ETHNews
