Coinbase Launches 10 Stock Tokens on Base, with a Cumulative Trading Volume of Approximately $1.02 Billion
2026-09-24 09:49:04
CoinMeta data: The cumulative trading volume of the 10 stock tokens launched by Coinbase on Base has reached approximately $1.02 billion. However, the total balance of its main Aerodrome stocks/ USDC pool is only about $12.97 million, with the total value of the tokenized assets being around $19.82 million. Tests have shown that selling a single stock token worth about $100,000 before the opening of the U.S. stock market results in a quote that is about 0.06%–0.71% lower than the router's valuation. The cumulative trading volume does not necessarily indicate that there is an equal amount of buying interest in the market at all times. Especially during U.S. stock market closures, the stock tokens on the blockchain can still be traded 24/7, but the price of the underlying stocks may remain from the previous trading session. Moreover, primary minting and redemption are limited to authorized participants. Therefore, there is still uncertainty regarding the actual capacity to absorb large-scale concentrated sales.
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Source:CryptoSlate
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