Tokenized stocks hit $29.5B as Coinbase joins Base

Tokenized stock transfer volume climbed more than 415% over the 30 days ending Aug. 29, reaching $29.5 billion as Coinbase brought four equity tokens to Base. Summary Tokenized stock transfer volume increased 415% over 30 days, reaching $29.5 billion, RWA.xyz data showed. Monthly active addresses rose 209% to 1.3 million as onchain equity activity accelerated sharply globally. Coinbase launched four initial tokenized stocks on Base, each backed one-for-one by an underlying share. Coinbase currently restricts Base stock tokens to eligible non-U.S. users under Regulation S offering rules. Onchain tokenized stock value reached $2.54 billion, rising about 637% from one year earlier overall. Data from RWA.xyz also showed that monthly active addresses increased more than 209% to approximately 1.3 million. The number of holders rose 167% to 2.36 million during the same period. The total distributed value of tokenized stocks increased at a much slower rate. It rose 1.45% over 30 days to $2.54 billion. However, that figure was about 637% above the $344 million recorded one year earlier. Transfer volume measures the value moved between blockchain addresses. It does not necessarily represent ...