Key Points Robinhood is already rolling out tokenized U.S. stocks in the EU, giving it an early lead as traditional equities move onto blockchains. Coinbase is building a far more ambitious “everything app” on its Base blockchain. Both companies are chasing the same future, but one may have the clearer roadmap and stronger retail positioning. 10 stocks we like better than Robinhood Markets › Financial service companies Robinhood (NASDAQ: HOOD) and Coinbase (NASDAQ: COIN) haven't competed much hea ...

Key Takeaways Coinbase unveiled an end-to-end token sales platform for issuers and retail investors.The company launched a 3.75% AER UK savings account through a ClearBank partnership.Coinbase canceled its BVNK acquisition but stays focused on global USDC adoption.Recently, Coinbase Global (COIN) pursued a few strategic moves like launching a digital token sales platform, introducing a regulated UK savings account, and calling off its planned BVNK acquisition. These moves mark prudent approaches toward grow ...

Core Insights - Robinhood's Q3 earnings report highlighted a significant increase in crypto revenues, which surged 339% year-over-year, contributing to one-fifth of the firm's total income for the quarter [1][2] - The company is contemplating a Bitcoin treasury strategy, with discussions ongoing about the potential benefits and drawbacks of such an investment [3][4] Robinhood Crypto Revenues - In Q3 2025, Robinhood's cryptocurrency revenue reached $268 million, marking a 67.5% increase from the previous quarter [2] - Overall transaction-based revenues rose 129% year-over-year to $730 million, attributed to increased crypto trading volumes [2] Bitcoin Treasury Consideration - During the earnings call, the CEO expressed that the company is in the early stages of exploring stock tokens, with future phases aimed at expanding trading options [3] - The Treasurer indicated that while there is interest in adopting Bitcoin for the corporate treasury, the decision is still under consideration, weighing the pros and cons [4][6] Market Context - The broader market for digital asset treasuries has seen firms facing unrealized losses due to volatility, particularly after a downturn in the crypto market in October [5][7] - Companies that heavily invested in Bitcoin earlier in the year are now experiencing declines in asset values, highlighting the risks associated with crypto investments [7]

Core Insights - JPMorgan is advancing in decentralized finance by tokenizing a private equity fund on its blockchain platform, setting the stage for its Kinexy's Fund Flow tokenization platform expected to launch fully next year [2][3] - The bank plans to tokenize various alternative assets, including private credit, real estate, and hedge funds, and is considering allowing clients to use fund tokens as collateral for borrowing or portfolio construction [2][3] - Anton Pil, head of JPMorgan's global alternative investment solutions, emphasized that real-time tri-party settlement will enhance liquidity and portfolio flexibility [3] Industry Developments - The GENIUS Act has created a regulatory framework for US dollar-backed stablecoins, promoting innovation in the token economy, while Europe is making strides with platforms like France's Lise Exchange and Switzerland's BX Digital [5] - Major banks, including Goldman Sachs and BNY Mellon, are exploring the issuance of a stablecoin pegged to G7 currencies, with Bank of America labeling tokenization as the next evolution in financial markets, referring to it as "mutual fund 3.0" [7]

Curious about how Wall Street is coming onchain?We’re going live on an AMA with @matt_blumberg (Head of DeFi, @OndoFinance) and @web3benx (GTM & Ecosystem Growth, @BNBCHAIN) to talk about the future of DeFi and tokenized markets.🗓️ Nov 6, 1:00 PM UTC🎙️ https://t.co/rIkj4bUhsRPancakeSwap (@PancakeSwap):PancakeSwap is teaming up with @OndoFinance to bring 100+ tokenized real-world assets (RWAs) in stocks, bonds, and ETFs onchain to @BNBCHAIN.You can now trade tokenized assets on PancakeSwap with zero fees for ...

After years of experimentation, tokenization of real-world assets (RWAs) is gaining traction across major platforms. Robinhood and Kraken have already listed tokenized products, while Coinbase is preparing similar offerings — signaling that blockchain-based ownership is entering the financial mainstream. But while tokenized stocks and bonds are catching on, venture capital is proving far harder to replicate. Related: Major crypto hack after Halloween stuns investors In an interview with Supermoon's Elena ...

Core Insights - Ondo Finance has selected Chainlink as the official oracle provider for its tokenized stocks and ETFs, aiming to enhance the flow of financial data across blockchain networks [1] - The partnership will enable Chainlink to provide custom price feeds for over 100 tokenized equities on Ondo's platform, which currently holds more than $320 million in total value locked across 10 blockchains [1][2] Group 1 - The data supplied by Chainlink will include corporate actions such as dividend payments, ensuring accurate valuations across various blockchains where these assets are traded [2] - Ondo has expanded its operations to the BNB Chain, increasing access for users in Asia and Latin America, particularly targeting non-U.S. investors seeking exposure to U.S. markets [2] Group 2 - Chainlink and Ondo plan to utilize Chainlink's Cross-Chain Interoperability Protocol (CCIP) as a standard for institutions to move tokenized assets between blockchains, with testing already underway by traditional finance firms [3] - The collaboration is part of a broader initiative, with Chainlink joining the Ondo Global Market Alliance to support the adoption of tokenized stocks on-chain [4] - Ondo will also participate in Chainlink's corporate actions initiative, which includes 24 financial institutions focused on integrating market infrastructure onto blockchain technology [4]

Trading Platform - Bitget 提供美国市场收盘后的交易机会 [1] - Bitget 允许交易者在周一至周五 24 小时交易 BitgetStockFutures 和代币化股票 [1]

Core Insights - The defining challenge for platforms moving traditional assets on-chain is liquidity, which is crucial for maintaining pricing depth and stability [1][2] - Dinari offers 24/5 trading for retail customers, routing orders through traditional markets before tokenizing them on demand [1] - The recently announced Layer-1 network on Avalanche aims to coordinate liquidity across different blockchains and exchanges, preventing liquidity from being siloed [2] Liquidity Management - Directly moving liquidity on-chain can lead to shorter depth and significant price dislocations from traditional markets [2] - Dinari's process involves executing orders in traditional markets before minting tokens, allowing for orders to be placed outside of market hours [2] - The new Layer-1 network serves as both an order book exchange and a settlement layer, facilitating deeper liquidity and more trading activity on-chain over time [2] Market Potential - There is confidence that tokenized equities could surpass traditional markets in liquidity if executed correctly, with an accelerated timeline for adoption [3] - Partnerships with major platforms like Robinhood and S&P Dow Jones Indices indicate growing interest and potential in tokenized stocks and crypto-focused indices [3]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The dormant battle over how stocks should trade just exploded back into view this week as crypto companies race to sell blockchain-based tokens pegged to traditional equities, prompting warnings from Wall Street titans that these novel products could fragment markets and expose investors to risks they don’t fully understand. Robinhood Markets Inc. (NASDAQ:HOOD), Gemini Trust Company  and Coinbase Global In ...