Solana’s Tokenized Stock Market Value May Reach $48 Million Amid Growing Institutional Interest
2025-07-08 23:37:20
Main Idea
Solana's tokenized stock market value has surged to $48 million, driven by Backed Finance's xStocks product, positioning Solana as a leading blockchain for real-world asset tokenization.
Key Points
1. Solana's tokenized stock market value tripled to $48 million in early July 2025, reflecting rapid growth in the tokenized assets sector.
2. Backed Finance's xStocks product, offering tokenized shares redeemable for actual equities, is the primary driver of this surge.
3. Solana now holds approximately 11.4% of the global tokenized market capitalization, competing with other Layer 1 blockchains.
4. The platform's increasing Total Value Locked (TVL) and on-chain real-world asset (RWA) activity highlight its growing influence.
5. Regulatory compliance and technological advancements are key factors in Solana's success in the tokenized assets market.
Description
Solana’s tokenized stock market has experienced a remarkable surge, tripling its value to $48 million in just two weeks, driven by growing institutional interest and innovative regulatory-compliant offerings. Backed Finance’s
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