Coinbase Tokenized Stocks Hit $100M in Volume; First Zcash ETF and Strategy Yield Goes DeFi

🎬 Coinbase Tokenized Stocks Hit $100M in Volume; First Zcash ETF and Strategy Yield Goes DeFi
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by Ben Spiegelman, Head of Institutional at Base, to break down Coinbase's newly launched tokenized stocks. Zach Pandl, Head of Research at Grayscale, unpacks the debut of the first-ever Zcash ETF. Plus, Solstice CEO Ben Nadareski explains strcUSX, a Solana-based product that splits the economics of Strategy's STRC preferred into senior and junior tranches.
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➤ Coinbase has launched tokenized US stocks on the Base blockchain, enabling 24/7 trading for non-US investors and generating over $100M in volume, with plans for DeFi integration like borrowing against positions.
➤ Grayscale introduced the first Zcash ETF, highlighting the growing importance of privacy in digital assets driven by both mainstream finance integration and AI surveillance concerns, with Zcash seeing significant price appreciation.
➤ Solstice launched STRCUSX on Solana, a tokenized yield product that splits Strategy's preferred stock into senior and junior tranches, offering targeted yields from 7% to over 20% and aiming to unlock idle stablecoin capital for DeFi.

#Coinbase #Base #Tokenized Stocks #Zcash ETF #Grayscale #Solana #Solstice #STRCUSX #DeFi Yield #Institutional Capital

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