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21 Oct 2026, 8:33 PMCNBC Technology4.5 Tokenized stock trading takes off overseas as Goldman, other U.S. companies object

Tokenized stock trading is growing outside the U.S., with Robinhood Chain's tokenized-stock volume rising from $526 million in July to $2.21 billion in August and $11.31 billion in September, according to Bitwise Asset Management's quarterly staking report. Hyperliquid's non-crypto perpetuals share rose to 36.5% from 32.7%, and tokenized equities were the fastest-growing category on Solana. Meanwhile, Goldman Sachs, Microsoft, Qualcomm, Caterpillar, McDonald's, and Western Digital are objecting to tokenized versions of their shares being traded.

Why: If you are building or prototyping AI-agent trading or tokenized-asset tools, do not treat the $11.31 billion September volume as issuer approval: the named companies objecting means tokenized share availability may be restricted by issuer and jurisdiction, so verify permissions before integrating.

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