Tokenized Stocks Reached $4.64 Billion in Market Cap on Wednesday, Oct. 28

Collateralized tokens accounted for most of the market-wide $4.64 billion value assigned to tokenized stocks on Wednesday, Oct. 28, a snapshot that adds structural detail to the sector’s scale. The Wednesday, Oct. 28 market-cap level was comparable to a point stablecoins first crossed in March 2020. The update adds a breakdown of token structures to earlier coverage of tokenized-stock market capitalization . Distributed value for public equities, including stocks and exchange-traded funds issued onchain or represented synthetically, was $3.58 billion on Sunday, Nov. 1.

Source: TokenPost