Tokenized Equities

Nine public companies — including CoreWeave, Broadcom, Verizon, and Applied Optoelectronics — have objected to crypto exchange OKX offering tokenized versions of their shares, citing concerns about impacts on stock price, liquidity, and volatility.

Tokenized equities now account for 15% of the market (up 3x year-to-date) with a total market cap around $2.8 billion, led by Ondo, Binance and xStocks.

Coinbase rolls out 24/5 U.S. stock trading for eligible UK users, offering ~4,000 stocks with zero commissions and fractional shares as part of its 'Everything Exchange' strategy, backed by UK MiFID licensing and upcoming regulatory clarity.