Solana tokenized equity supply approaches $470M as xStocks leads growth

Tokenized equity supply on Solana has surged to nearly $470 million, driven primarily by xStocks in the tokenized U.S. stocks and ETFs market. This growth reflects increasing interest in on-chain equity solutions and broader blockchain adoption for traditional financial instruments. xStocks issues tokenized versions of U.S. stocks and ETFs as SPL tokens backed 1:1 by shares held with regulated custodians. The rise aligns with positive sentiment in prediction markets, where the probability of Solana reaching $120 by September 1 stands at 8.7% YES. Building on this momentum, regulated milestones continue on Solana, including Bullish's issuer-sponsored BLSH trades on the GFSC-regulated Bullish Exchange settled in stablecoins, Raydium's cumulative tokenized stock volume exceeding $4 billion, new listings for Eli Lilly and Moderna shares, and Securitize enabling NYSE-listed SECZ as collateral.

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