CNBC
21 Oct 2026, 12:33 UTC · 1h ago
Tokenized stock trading takes off overseas as Goldman, other U.S. companies object
Impact · against what's priced in
Robinhood is the primary beneficiary as massive growth in tokenized stock volume supports the bullish case for crypto-structure tailwinds that the market had previously discounted. For the objecting firms like Goldman Sachs and Microsoft, the news is non-material as their valuations are driven by core business cycles rather than the mechanism of share trading.
- HOOD+0.50
Challenges what's priced in
- The price assumes





