The total market value of tokenized stocks has risen to $1.2 billion, a record high

PANews reported on December 30 that according to Token Terminal data, the total market value of tokenized stocks has climbed to a record $1.2 billion, driven by strong growth in September and December, Cointelegraph reported. Token Terminal said: “Tokenized stocks today are like stablecoins in 2020.” This highlights that the market is still in its early stages. In 2020, stablecoins were still in their infancy, but this year they have grown into a $300 billion industry. Other industry insiders liken tokenized stocks to the DeFi boom of early 2020, noting that more global stocks may be put on the chain in the future and benefit from faster settlement speeds, round-the-clock trading, and divisible ownership.
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