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On-chain Stock Market Value Breaks $1.2 Billion, Significant Growth in September and December
Summary: According to reports, the total market value of on-chain stocks has surpassed $1.2 billion, reaching a historical high, with two significant growth periods in September and December, signaling the tokenization of equities is moving from early trials to large-scale expansion. The growth in September mainly came from Backed Finance launching around 60 tokenized stocks on ...
According to reports, the total market value of on-chain stocks has surpassed $1.2 billion, reaching a historical high, with two significant growth periods in September and December, signaling the tokenization of equities is moving from early trials to large-scale expansion.
The growth in September mainly came from Backed Finance launching around 60 tokenized stocks on Ethereum, distributed through exchanges like Kraken and Bybit, while the growth in December came from more companies pushing stocks onto the chain in a clearer regulatory environment.
Analysis indicates that tokenized stocks, like stablecoins in 2020, are in the early stages but growing rapidly. The involvement of exchanges, issuers, and regulatory bodies shows that tokenized stocks are transitioning from niche products to mainstream market structure experiments.
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Link: On-chain Stock Market Value Breaks $1.2 Billion, Significant Growth in September and December [Copy]