DeFi· ★★★· bullish·

Coinbase reports $20.07M of tokenized stocks deposited in DeFi

  • —Coinbase has issued $35.93 million in tokenized stocks
  • —$20.07 million, or 56%, is deposited in DeFi
  • —Aerodrome and Aave are the leading venues
  • —No trading volume was recorded in the past 24 hours
Why it matters: It shows tokenized equities are becoming usable DeFi collateral, broadening onchain demand for such assets.
Source: Coinfomania