Crypto: Tokenized stocks approach $4 billion
Tokenized stocks are nearing $4 billion in the crypto market. Their value reached $3.84 billion in a report published on October 28, before returning to around $3.74 billion on RWA.xyz. The sector now has 4.51 million holder addresses. Apple, Microsoft, and Nvidia are also represented on the blockchain, with tokens that can now serve as collateral for borrowing stablecoins.
Tokenized stocks are worth approximately $3.74 billion to $3.84 billion, according to reports.
bStocks leads the rankings with $1.4 billion, followed by Ondo and xStocks.
Seven tokenized American stocks can serve as collateral for borrowing USDC on Aave V4.
Tokenized stocks approach $4 billion
The tokenized stock market has nearly reached a new symbolic milestone. According to data from RWA.xyz, its distributed value is $3.74 billion, up 17.79% in thirty days. In early October, BNB Chain already accounted for nearly 30% of the tokenized stock market.
This growth has also been accompanied by an increase in the number of holders. RWA.xyz now reports 4.51 million addresses, up 12.14% from a month earlier. This figure represents crypto wallets, not necessarily the same number of distinct investors.
The market has also grown in size since January. At the beginning of the year, the distributed value of tokenized stocks did not exceed $1 billion. Today, several crypto platforms offer blockchain-based versions of American securities, as well as ETFs that track major stock market indices.
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