Tokenized stocks have surpassed $1 billion in total value on-chain, marking a new milestone for the fast-growing real-world asset (RWA) sector.
Data from RWA.xyz shows the value of tokenized equities climbing past the $1 billion mark, as platforms offering blockchain-based exposure to traditional stocks attract more trading activity and liquidity.
Much of that activity is concentrated on two networks. RWA.xyz data and an industry report from Foresight Ventures indicate that Ondo Finance and platforms associated with Backed Finance’s xStocks products account for the majority of tokenized equity issuance and trading.
On Tuesday, Foresight Ventures released a report arguing that the market is consolidating around these early leaders, citing regulatory barriers, liquidity advantages, and…
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Source cointelegraph.com
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