Jesse Pollak Amplifies Data Showing Tokenized FGI Outtrading Nasdaq

Data circulating on Sept. 16, 2026 shows a Nasdaq-listed company's tokenized shares trading more volume onchain than on the exchange where the company is listed.

The figures, originally posted by everythingempty and amplified by jessepollak, put Nasdaq trading in FGI at $1.16 million against $2.1 million for tokenized FGI — roughly 81% more volume onchain than on its home exchange. The original post tagged base and aeroxyz and flagged the next milestone to watch as the tokenized float crossing 5%, a portion the poster said is held by AI agents. The posts identify the issuer only by ticker.

jessepollak leads Base, the Ethereum Layer-2 network incubated by Coinbase. He has repeatedly framed onchain equity trading as a core direction for the network, and on Sept. 10, 2026, base amplified remarks describing the B20 standard as built for tokenized assets and positioning Coinbase Tokenized Stocks as a way to hold shares onchain.

The comparison lands amid continued institutional experimentation with tokenized securities, where onchain venues are competing with traditional exchanges for the same underlying shares.

What to watch: whether the tokenized float for FGI reaches the 5% threshold cited in the original post, and whether comparable tokenized listings begin posting similar volume splits against their primary listings.