How To Buy Tokenized Stocks, Self-Custody Them, and Earn Yield

The tokenized stock market has experienced significant growth, with total market capitalization reaching between $2.6 billion and $3.6 billion, representing a 632% year-over-year increase. Major platforms including Binance, Robinhood, and Coinbase have introduced their own tokenized stock offerings, which are now accessible across multiple blockchains such as BNB Chain, Solana, and Base. These assets utilize various structures, ranging from debt notes and tracker certificates to beneficial claims on custody-held shares, allowing users to bypass traditional brokerage limitations. Aave’s V4 Equities Hub on Base has further integrated these assets by enabling Coinbase stock tokens to serve as collateral for USDC loans with loan-to-value ratios up to 79%. Platforms like MetaMask and Guardis now facilitate direct trading of Ondo Finance stocks and commodities, providing 24/5 market access that extends beyond traditional Nasdaq trading hours. While this expansion offers increased liquidity and accessibility for global users, investors must navigate varying regulatory availability and potential weekend liquidity gaps. This shift highlights the maturation of on-chain equity markets, where blockchain technology provides unique utility for collateralization and self-custody that traditional finance cannot replicate.