Trading platform eToro plans to launch tokenized US stocks as ERC-20 tokens on the Ethereum blockchain, including the 100 most popular US-listed stocks and ETFs. Users can transfer tokenized stocks off the platform to self-custody or DeFi protocols, aiming to democratize finance and make assets more accessible. RWA tokenization is gaining steam, with Robinhood and Backed Finance recently launching similar initiatives. Tokenized stocks represent a small portion of the total tokenized RWA market, with stocks onchain accounting for $418 million out of the total $21.3 billion RWA market. There is potential for significant growth in the tokenized stocks market, with many experts believing it could reach a trillion-dollar market cap.
Read more at Cointelegraph: eToro to Tokenize 100 Most Popular US Stocks on Ethereum
