Coinbase Brings Tokenized Stocks to Base, Boosting Transfer Volume to $29.5B

Tokenized stock transfer volume has surged to $29.5 billion over the past month, according to data from RWA.xyz.

This represents a staggering 415% increase in just 30 days, with monthly active addresses rising by 209% to 1.3 million and holders increasing by 167% to 2.36 million during the same period.

Coinbase has joined Base, a platform that allows users to buy and sell tokenized versions of popular stocks like Nvidia, Meta, Apple, and Alphabet shares.

The launch of Coinbase's four initial tokenized stocks on Base has brought significant attention to the space, with many experts predicting continued growth in the sector.