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Solana’s Tokenized Equity Market Grows to $455 Million in a Year

Solana’s Tokenized Equity Market Grows to $455 Million in a Year

Photo: TokenPost

Solana’s tokenized equity market reached $455 million after starting the yearlong comparison at $63 million, expanding a fast-growing part of the network’s real-world asset (RWA) activity. The ending value was a little more than seven times the starting figure, with xStocks among the drivers. More than $65 million in tokenized equities on Solana was being used to earn yield. xStocks can also serve as collateral on lending platforms Kamino and Jupiter Lend, allowing holders to borrow against the tokens. Collateral is an asset pledged to back a loan. Solana’s RWA offerings extend beyond equities to U.S.

Source: TokenPost

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