Tokenized Equities Reach $1.2 Billion Milestone as Blockchain Adoption Expands
Interest in tokenized equities has intensified since their initial introduction earlier this year, marking a significant step towards wider blockchain adoption beyond Bitcoin and stablecoins.
The total market cap of tokenized stocks has reached a milestone of $1.2 billion, as reported by Token Terminal, fueled by notable growth in September and December.
Token Terminal commented that tokenized stocks are currently at a stage akin to stablecoins in 2020, a period when stablecoins were beginning their rapid growth, eventually becoming a $300 billion market.
Industry experts have compared tokenized stocks to the early decentralized finance (DeFi) boom in 2020, highlighting the potential for more global equities to transition onchain, benefiting from expedited settlement, 24/7 trading, and fractional ownership.
The Institutional Drive Behind Tokenized Stocks
The surge in tokenized stock activity in September coincided with Backed Finance launching its xStocks suite on Ethereum, introducing approximately 60 tokenized equities through collaborations with exchanges Kraken and Bybit.
Recently, Securitize announced plans to offer compliant, onchain trading for public equities, ensuring direct share ownership.
Ondo Finance is preparing to launch tokenized US stocks and ETFs on Solana by early 2026, while Coinbase is also moving in this direction, planning to include stock trading in its "everything exchange" initiative.
A significant indicator of institutional interest emerged when Nasdaq filed with the SEC to introduce tokenized stocks on its platform. Nasdaq's digital assets strategy head, Matt Savarese, emphasized tokenization as a strategic priority.
