Tokenized equities jumped from $329M to $2.6B in a year — that's 8x. Sounds huge until you realize it's 0.002% of global equity markets.
Even the top 5 tokenized stocks barely crack 1% of their real-world trading volume.
This isn't a bubble. It's not even warmed up yet. We're in the earliest innings of on-chain equity infrastructure. When adoption actually hits, these numbers will look like a rounding error.
Keep an eye on tokenized asset plays. The cycle thesis here is simple: infrastructure gets built in bear markets, adoption hits in bull runs. We're moving into that adoption window now.
Even the top 5 tokenized stocks barely crack 1% of their real-world trading volume.
This isn't a bubble. It's not even warmed up yet. We're in the earliest innings of on-chain equity infrastructure. When adoption actually hits, these numbers will look like a rounding error.
Keep an eye on tokenized asset plays. The cycle thesis here is simple: infrastructure gets built in bear markets, adoption hits in bull runs. We're moving into that adoption window now.