Tokenized stocks from Robinhood, Binance, and Coinbase attract $130.5M in DeFi deposits

Robinhood leads the pack as traders put brokerage-issued stock tokens to work in lending markets and DEX liquidity pools Tokenized stocks are no longer just sitting in wallets. As of November 3, 2026, users had deposited $130.5 million into DeFi venues using stock tokens issued by Robinhood, Binance, and Coinbase. Who’s leading the deposit race Robinhood sits comfortably in first place. Its tokenized stocks account for $69.0 million in DeFi deposits, more than half of the three-issuer total. Binance comes second with its bStocks product, which holds $36.5 million in deposits. Coinbase trails at $24.9 million. The ranking roughly tracks how deep each issuer has gone on infrastructure. Robinhood built its own Layer-2 chain, a separate network that settles back to a larger blockchain, and launched its stock tokens alongside it in July 2026. Robinhood’s stock tokens have shown particularly strong utilization rates on that native chain. Binance actually moved first, debuting bStocks in June 2026. Coinbase was the latecomer of the trio, bringing tokenized equities live on Base, its own blockchain network, in August 2026. Where the money is going Deposits have flowed mainly into two place...