Tokenized stocks put $252 million into DeFi platforms, Token Terminal reports

  • Token Terminal reported $252 million in tokenized stocks deposited across DeFi platforms.
  • Uniswap recorded $82.1 million across its v3 and v4 platforms.
  • Kamino Lend and Pendle reported deposits of $51.3 million and $33.8 million, respectively.

Token Terminal reported that $252 million worth of tokenized stocks has been deposited into decentralized finance (DeFi), highlighting increased use of traditional assets within blockchain-based markets. Uniswap led the listed platforms with $82.1 million across its v3 and v4 platforms, followed by Kamino Lend with $51.3 million and Pendle with $33.8 million. The report said the inflows could affect market liquidity and investment strategies, even as the broader crypto market shows mixed signals.

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Tokenized stocks put $252 million into DeFi platforms, Token Terminal reports - CoinPost Terminal