Tokenized stocks traded almost as much over the Labor Day weekend as they did on Friday, when U.S. exchanges were open, according to volume data from CoinGecko covering the 42 largest
- Tokenized stocks achieved $1.41 billion in trading volume over a 3.5-day period when traditional U.S. stock markets were closed for Labor Day.
- Robinhood's platform accounted for a significant portion of this volume, highlighting the demand for 24/7 trading of equities.
- Despite the high turnover, tokenized asset prices remained closely aligned with their traditional market counterparts, indicating price discovery and stability.
Topics: Asset types, Scalability, Institutional adoption, Equity, Market depth liquidity, Asset manager initiatives
Tags: #tokenizedstocks #robinhood #bnbchain #weekendtrading #volume #qqqb #amc #decentralizedexchanges #onchain #equities