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Coinbase, Robinhood Make Up 54% of Tokenized-Stock Issuer DEX Volume

Robinhood’s 27.3% share edged Coinbase’s 26.7%, while combined trading across all 18 issuers totaled $2.7 billion.

Updated 1 min read
A pedestrian checks a smartphone on a sidewalk in San Francisco’s Financial District. / EconoTimes.ai
A pedestrian checks a smartphone on a sidewalk in San Francisco’s Financial District. / EconoTimes.ai

Coinbase and Robinhood together accounted for 54% of weekly decentralized-exchange (DEX) trading among 18 tokenized-stock issuers, within a category that recorded $2.7 billion in volume.

For the week, Robinhood posted a 27.3% share, compared with 26.7% for Coinbase-issued stocks. That left Robinhood 0.6 percentage point ahead in the issuer ranking.

The percentages cover each issuer’s tokenized-stock trading; they do not measure either company’s share of all DEX activity. These instruments give users equity exposure through blockchain venues.

Eligible users outside the United States can access Coinbase Tokenized Stocks on Base. The $4 billion figure is cumulative DEX volume; the percentages above measure weekly trading among issuers.

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