Tokenized Stocks Surge to $1.2B Market Cap, Echoing Early Stablecoin Growth
Tokenized stocks have reached a $1.2 billion market capitalization—a rally drawing direct parallels to stablecoins' 2020 breakout. The sector's explosive growth since September signals institutional validation, with blockchain-based equities transitioning from niche experiments to legitimate financial instruments.
Market observers note uncanny similarities to stablecoins' trajectory. Once dismissed as crypto curiosities, stablecoins now underpin a $300 billion ecosystem. Tokenized stocks appear poised for similar adoption, fueled by improving blockchain liquidity and product innovation.
Institutions are driving acceleration. Backed Finance's September launch of xStocks exemplifies growing infrastructure for onchain equities. December saw another surge, mirroring patterns from DeFi's early boom years.