Demand for tokenized equities has surged, with a record $1.2 billion market cap, signaling broader blockchain adoption. Tokenized stocks are being compared to stablecoins in 2020, indicating early stages. The industry sees similarities to the early DeFi boom of 2020, hinting at potential global equities moving onchain for faster settlement and fractional ownership.

The institutional push behind tokenized stocks has gained momentum, with Backed Finance launching xStocks on Ethereum and Securitize planning compliant, onchain trading for public equities. Ondo Finance aims to introduce tokenized US stocks on Solana in 2026, while Coinbase and Nasdaq are moving towards offering stock trading, showing strong institutional interest in tokenization.

Read more at Cointelegraph: Tokenized Stocks Surge to $1.2B as Onchain Equities Gain Momentum