Tokenized stocks can approach a tipping point while investor demand for blockchain-based financial products, which potentially accelerate the adoption of traditional onchain assets.
Tokenized stock, which is part of the growing Real-World Asset tokenization (RWA) The sector, reached a $ 370 million market capitalization by the end of July, according to a Wednesday Wednesday Binance Research report shared with Cointelegraph.
The lion’s portion, $ 260 million, is attributed to Exodus Movement (Exod) Shares released by securitize. Aside from this figure, the market capitalization of tokenized stocks has increased to $ 53.6 million, marking a 220% monthly increase since June.
Tokenized stocks see the same speed of growth reminiscent of early Decentralized Finance (DEFI) Boom when TVL rose from $ 1 billion to $ 100 billion under two years from 2020 to 2021, the report said, and adding:
“Although the KaMag -Child is still small in the global Equity market (which costs more than US $ 100T), July’s explosion suggests tokenized equality -equals can be close to a major point of falling on the broader transition to the financial hybrid.”
Blockchain addresses holding tokenized stocks rose more than 90,000 in July from 1,600 in June, which signed a growing investor demand for tokenized equities.
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Tokenized stocks can exceed $ 1.3 trillion by absorbing 1% of the global equity market
Tokenized equities may show a trillion-dollar opportunity in the market due to the growing investor demand.
Tokenized stocks can exceed a $ 1.3 trillion market cap if only 1% of global equality can get tokenized to blockchain. It will make tokenized stocks worth eight times than the Defi Market at its peak, according to Binance Research.
More financial products are, in turn, drive demand for more “sophisticated” defi infrastructure, as the two segments have prepared to “strengthen each other and push the blockchain adoption to the mainstream.
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Over 60 tokenized stocks It went live for trading with major exchanges, including Kraken and Bybit and Solana’s Defi Ecosystem through Finance’s backycks, focusing on popular blue-chip stocks such as Amazon, Nvidia, Apple, Tesla and Microsoft, among others, Cointelegraph reported on June 30.
The tokenized Xstocks promise significant differences compared to their traditional counterparts, including 24/7 trading, freely transferring the ownership and lack of Kraken exchange commissions.
However, the end of the goal of tokenization not only brings traditional blockchain products, but to go More than Wall Street The onchain systems, to unlock new access levels for investors, Mark Greenberg, the global leader of the Consumer Business Unit of Kraken, were told Cointelegraph.
“Tokenized equities can not only be ‘Wall Street in a blockchain.’ That is the point, ”Greenberg said. He added that even equal ones should “feel like the Internet,” which is always in, self-directed and accessible to the world.
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