The rapid growth of tokenized stocks highlights a shift towards decentralized finance, potentially reshaping global investment access and regulation.
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According to ChainCatcher and Token Terminal data, the on-chain market capitalization of tokenized stocks issued by xStocks has reached $1 billion, representing an 802.5% increase over the past year. Solana leads the pack with a market capitalization of $523.1 million, followed by XLayer ($304.1 million) and Ethereum ($165.1 million). These assets are distributed across nine blockchains.
xStocks reports an annual growth of 802.5% and an expansion to more than 1,300 assets in 11 blockchains, although the note announcing a capitalization of USD 1 billion also offers a lower detailed figure: USD 886 million.