Coinbase will introduce one-for-one backed tokenized U.S. equities for eligible non-U.S. users, enabling onchain trading, redemption and automatic dividends. Robinhood has outlined its own tokenized stock plans for Europe, while a separate SpaceX options frenzy traded 500,000 contracts in the first hour.
Coinbase will roll out one-for-one backed tokenized U.S. equities on blockchain rails for eligible non-U.S. users, enabling onchain trading, holding, redemption, and automatic dividend payouts.
Robinhood has outlined plans to offer tokenized stock trading in Europe, positioning itself against Coinbase and other firms like Kraken and BlackRock in the fast-growing tokenized securities market.
SpaceX options trading saw roughly 500,000 contracts executed in its first hour, fueling speculation of a potential gamma squeeze toward $400 and underscoring surging retail demand in exotic derivatives.
Robinhood continues registering robust customer growth and rolling out new services, supporting its elevated valuation despite high multiples and signaling a shift toward a broader financial account platform.
Finance
