Kyle Reidhead | Milk Road(@KyleReidhead):Uniswap now settles more trades/month than two US stock exchanges And it's done it with basically ZERO stocks on it Uniswap just started onboarding the world's most popular assets (stocks) and its volumes will balloon as a result Tokenized stocks is how DEXs eat the world (here's why) On September 17 the SEC granted a five-year "Innovation Exemption" that lets qualifying venues trade tokenized versions of US listed stocks onchain through permissioned AMMs, without registering as a stock exchange Uniswap already built exactly that with its v4 permissioned pools launched with partners like Superstate and Securitize, and tokenized SpaceX, Apple, Tesla and NVIDIA are already available So the DEX that's already out-trading two stock exchanges is about to get access to the entire US stock market But you might be wondering why anyone would trade on a DEX if they can already do it on a normal brokerage or exchange? When you buy a stock on Nasdaq, Nasdaq matches the trade. The actual settlement happens a day later through a separate clearing system On a DEX the trade and the settlement are the same transaction. It happens in seconds, 24/7, and any app can plug into that liquidity through an API Stock exchanges still shut down every weekend while Uniswap never closes. And of course, anyone in the world with a crypto wallet (or any agent) can access Uniswap, this isn't true with stock exchanges. As Brian Armstrong said: Coinbase tokenized stocks are the best version of stocks, not just the best version of tokenized stocks becuase tokenized stocks are simply better And finally, DeFi is building around tokenized stocks to give anyone access to lending, borrowing and more with your stocks. DeFi is giving more utility to the stocks many of us already own Tokenized stocks and DEXs will be a huge story in finance for the next few years. I've been positioned for the onchain shift for a while holding crypto equities like $HOOD, $COIN and $GLXY. Also one of our analysts at Milk Road PRO added $UNI just before it ran to $10. You can track our real-time portfolios here:

2026.09.25 18:00

Uniswap now settles more trades/month than two US stock exchanges And it's done it with basically ZERO stocks on it Uniswap just started onboarding the world's most popular assets (stocks) and its volumes will balloon as a result Tokenized stocks is how DEXs eat the world (here's why) On September 17 the SEC granted a five-year "Innovation Exemption" that lets qualifying venues trade tokenized versions of US listed stocks onchain through permissioned AMMs, without registering as a stock exchange Uniswap already built exactly that with its v4 permissioned pools launched with partners like Superstate and Securitize, and tokenized SpaceX, Apple, Tesla and NVIDIA are already available So the DEX that's already out-trading two stock exchanges is about to get access to the entire US stock market But you might be wondering why anyone would trade on a DEX if they can already do it on a normal brokerage or exchange? When you buy a stock on Nasdaq, Nasdaq matches the trade. The actual settlement happens a day later through a separate clearing system On a DEX the trade and the settlement are the same transaction. It happens in seconds, 24/7, and any app can plug into that liquidity through an API Stock exchanges still shut down every weekend while Uniswap never closes. And of course, anyone in the world with a crypto wallet (or any agent) can access Uniswap, this isn't true with stock exchanges. As Brian Armstrong said: Coinbase tokenized stocks are the best version of stocks, not just the best version of tokenized stocks becuase tokenized stocks are simply better And finally, DeFi is building around tokenized stocks to give anyone access to lending, borrowing and more with your stocks. DeFi is giving more utility to the stocks many of us already own Tokenized stocks and DEXs will be a huge story in finance for the next few years. I've been positioned for the onchain shift for a while holding crypto equities like $HOOD, $COIN and $GLXY. Also one of our analysts at Milk Road PRO added $UNI just before it ran to $10. You can track our real-time portfolios here: