Crypto
Meta (Coinbase Tokenized Stock) Market Capitalization Hits $2.56 Trillion
The Meta (Coinbase Tokenized Stock), also known as METAC, has seen significant growth in recent times. The token's market capitalization stands at $2.56 trillion, representing a 6.82% increase over the past 24 hours.
According to data from CryptoRank, the 24-hour spot volume for Meta (Coinbase Tokenized Stock) is $62.10 billion, marking a 28.1% surge in trading activity.
The token is designed by Coinbase on its Base platform and provides on-chain economic exposure to the underlying stock of Meta. This means that holders can track the market performance of the equity through a blockchain-based asset without directly owning shares or having voting rights.