Galaxy Digital tokenizes its stock, allowing for DeFi use. Shares listed on Nasdaq and Toronto Stock Exchange can now be tokenized on Solana blockchain through Superstate. Unlike derivatives, actual shares are tokenized. Market cap nearly $9 billion. xStocks platform tokenizes over 60 public companies, now available on Ethereum. Tokenized stocks market expands 380% since 2022, reaching $341 million. Concerns raised about regulatory gray area of tokenized stocks. Investors hold tokens, not actual shares.

Read more at Cointelegraph: Galaxy Digital Stock Tokenized on Solana Blockchain