Tokenized equities are quietly becoming a real slice of on-chain trading while $BTC sits flat near 81,088 🧩 1⃣ Equity tokens hit 7 percent of Base DEX activity Stock-linked tokens accounted for roughly 7 percent of decentralized exchange activity on Base, with about 278 million deposited across third-party DeFi apps. Their deployed share of active market value climbed to 7.5 percent from 2.2 percent at the start of 2026. 2⃣ Custody stays off-chain Ownership and settlement for these tokens still run through traditional rails, so the regulatory and counterparty profile differs from native crypto assets even as the trading volume looks on-chain. 3⃣ NEAR intents post record settlement Intents settled 300 million in a single day and 30 billion cumulatively, with two-thirds of all routing happening this year. Fee revenue now funds open-market NEAR burns, though the recent 119 percent monthly rally leaves the thesis tied to volume holding up. Equity exposure is merging with crypto liquidity faster than most desks expected, and the custody layer is where the real risk still sits. Which matters more for the next leg: tokenized equities or intent-based settlement? Reads like this land in the community every day, so check the bio if you want the next one. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Macro Insights#