Tokenized stocks generated $1.01 billion in volume on Saturday and Sunday, nearly matching the $1.02 billion recorded Friday across the 42 largest tokens tracked by CoinGecko on four major platforms. Labor Day added $398.3 million, bringing activity during the three-day U.S. market shutdown to $1.41 billion. Robinhood’s tokens accounted for $572.8 million, or 57% of weekend volume, followed by Binance’s bStocks at $303.5 million, Backed Finance’s xStocks at $87.1 million and Ondo Global Markets at $43.8 million. The data illustrates the functional case for tokenized equities, which can trade on decentralized exchanges while traditional markets are closed, although activity was concentrated in a limited number of instruments and venues. bStocks’ $QQQB was the busiest weekend token at $180.5 million, while Robinhood’s AMC Entertainment token recorded $103.1 million after $232.6 million on Friday. Prices generally stayed close to Friday’s equity closes, but tokenized SpaceX shares lack a public reference market and a Hims & Hers token previously showed a sharp onchain price distortion linked to memecoin trading.