Tokenized stocks reach record $2.3B market cap as adoption grows
Crypto Briefing 2026-07-20 12:12:54
Context: Tokenized stocks have reached a record market capitalization of $2.3 billion, driven by growing adoption across various blockchain platforms. This milestone was achieved in mid-July 2024, with key players such as Ondo Finance, Kraken xStocks, and Binance bStocks leading the charge. The growth is attributed to the increasing use of Ethereum, BNB, and Solana.
Key Facts
- Tokenized stocks attained a record market capitalization of $2.3 billion in mid-July 2024, marking a significant milestone in the adoption of this financial instrument.
- The growth in tokenized stocks is primarily driven by key players including Ondo Finance, Kraken xStocks, and Binance bStocks, which are operating across multiple blockchain platforms.
- The tokenized stock market is currently supported by major blockchain platforms such as Ethereum, BNB, and Solana, indicating a diverse and expanding ecosystem.