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Tokenized Equities Market Capitalization Reaches $1.5 Billion

The source says tokenized stocks have added nearly $600 million this year, with xStocks on Solana surpassing $800 million and Ondo Global Markets operating across Ethereum, BNB Smart Chain (BNB blockchain network) and Solana.

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Terms & Concepts
  • Tokenized equities: Blockchain-based representations of stocks that aim to mirror the value of underlying shares and enable crypto-native trading access.
  • Solana: A blockchain network designed for high-speed, low-cost transactions, commonly used for tokens and decentralized applications.
  • Ethereum: A blockchain platform that supports smart contracts (self-executing blockchain code) and a wide range of tokenized assets.