Microsoft Tokenised Stock Spikes with NVIDIA Boost

The tokenised stock of Microsoft on Robinhood has seen a 1% increase to $493.01, bucking the trend of a flat broader crypto market.

This surge is largely driven by a significant spike in trading volume, which exploded by 559.68% to $2.19 million in just 24 hours.

The strong earnings report from NVIDIA, which beat revenue and guidance expectations, has likely contributed to the optimism across the tech and cloud infrastructure sectors, benefiting Microsoft by association.

News of significant AI infrastructure deals and partnerships involving cloud platforms, including Microsoft Azure, has also reinforced its central role in the AI build-out and attracted investor attention to its tokenised equity.