X Layer Tokenized Stocks Add $32 Million in Seven-Day Market Capitalization

Tokenized stocks on OKX’s X Layer network gained $32 million in market capitalization over a rolling seven-day period, placing X Layer third among chains for the increase, behind BNB Chain and Solana. Market capitalization reflects the value of shares issued onchain at market prices. The change can result from shifts in token prices, token supply or both, so it does not represent $32 million in trading volume or cash entering the network. The ranking compares seven-day increases, not the total value of tokenized stocks on each chain. The gain also does not show whether stock-related transactions or network fees increased.

Source: TokenPost