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Tokenized stock trading hits $2.7B even though trades can cost 3% more

Image: CryptoSlate

Tokenized stocks recorded about $3 billion in decentralized-exchange transactions over seven days, according to figures reported on Nov. 4 . US stocks rallied that day as Republicans lost unified control of Washington, with the S&P 500 up 1.6%, the Dow up about 3% and the Nasdaq up 1.4%. A modeled $10,000 round trip in tokenized Coinbase shares carried a quote gap near $303 that week, about 3% of the trade. Fillable's Nov. 3 to Nov. 9 study of Solana tokenized stocks quoted buys and sells every 15 minutes during regular US hours, using recent IEX trades as the reference price. It accounted for pool fees and price slippage , and the figures model quote gaps from simulated trades.

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