Tokenized stocks may be approaching a turning point as investors’ demand for blockchain-based financial products may accelerate adoption of traditional assets.
Symbol stocks are part of growth Real-world Assets (RWA) Tokenization The division reached a market cap of $370 million by the end of July, according to a Binance Research report shared with Cointelegraph on Wednesday.
The share of the lion is $260 million, attributed to Exodus Movement (Exodus) Stocks issued through securitization. In addition to this figure, the market capitalization of tokenized stocks has grown to $53.6 million, up 220% monthly since June.
Tokenized stocks grow at the same rate, reminiscent of the early days Decentralized Finance (DEFI) The report said that when TVL rose from $1 billion to $100 billion in the two years from 2020 to 2021.
“Although still small relative to the global stock market (valued over $100), the explosive growth in July suggests that token stocks may approach a major inflection point in the context of a broader transition to mixed financing.”
Blockchain soared to more than 90,000 people in July on 1,600 in June, indicating a growing demand for labeled stocks.
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Token stocks could exceed $1.3 trillion by absorbing 1% of the global stock market
Token stocks could bring trillions of market opportunities as investors grow.
If only 1% of global stocks are tokenized on the blockchain, tokenized stocks could exceed $1.3 trillion in market capitalization. This will make the tokenized stocks worth eight times the Defi market, according to Binance Research.
In turn, more token financial products will drive the demand for more “complex” infrastructure, as the two segments are expected to “strengthen each other and drive blockchain adoption.
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Exceed 60 token stocks CointeleGraph reports that it is launched through financial-enabled Xstocks, including Kraken and Bybit and Solana’s Defi ecosystem.
Compared with traditional peers, there are significant differences in tokenized Xstocks, including 24/7 transactions, free transferable assets, and the lack of commissions on the Kraken Exchange.
However, the ultimate goal of tokenization is not to simply bring traditional products to the blockchain, but to go Outside Wall Street Mark Greenberg, global head of Kraken’s consumer business unit, told Cointelegraph that Systems Onchain is locking out new levels of investors.
“Symbol stocks can’t just be on the blockchain ‘Wall Street’. That misses that,” Greenberg said. He added that stocks have to “feel like the internet” which is always on the internet, self-guided and accessed globally.
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