Exchanges· ★★★· neutral·

Coinbase's tokenized stocks see about $20 million a week, exec says

  • —Coinbase Institutional sees about $20 million a week in tokenized stocks
  • —D'Agostino did not specify whether the figure is volume, deposits or issuance
  • —Binance's bStocks are doing multiples of that, he said
  • —Coinbase's tokenized equities launched on Base on Aug. 24 out of ADGM
Why it matters: Tokenized equities are emerging as a new battleground between Coinbase and Binance, though the undisclosed metric makes comparisons hard.
Source: Unchained
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