Binance, Robinhood, Coinbase Stock Tokens Reach $1.7 Billion in Market Cap; Binance Accounts for $1.4 Billion
JH Kim
Summary
- Binance, Robinhood and Coinbase said the combined market capitalization of their stock tokens had reached $1.7 billion.
- Binance’s bStocks had a market capitalization of $1.4 billion, accounting for about 82.4% of the total.
- The combined market capitalization of stock tokens issued by Robinhood and Coinbase was about $300 million, and individual figures were not provided.
Forecast Trend Report by Period
The combined market capitalization of stock tokens issued by Binance, Robinhood and Coinbase has reached $1.7 billion, with Binance accounting for the largest share at $1.4 billion.
Cointelegraph reported on November 3 that the combined market capitalization of stock tokens issued by Binance’s bStocks, Robinhood and Coinbase totaled $1.7 billion.
Binance’s bStocks had a market capitalization of $1.4 billion, representing about 82.4% of the total.
The combined market capitalization of stock tokens issued by Robinhood and Coinbase was about $300 million. Individual figures for the two platforms were not provided.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.