Tokenized stocks surge by 220% – How will Ethereum, Solana benefit?

Key Points

1. Tokenized stocks surged by 220% since June, reaching a market cap of $370M, with Tesla and SPY dominating on-chain market interest.

2. Binance Research noted active on-chain addresses surged from 1.6K to 90K, reflecting strong investor interest similar to the early DeFi boom.

3. xStocks by Backed Finance led in popularity, especially in Europe and non-U.S. markets, with total trading volume exceeding $2 billion.

4. Ethereum controls $4.6 billion of the $5.76 billion tokenized asset market, with projections suggesting tokenization could drive demand for ETH and SOL.

5. If 1% of global stocks were tokenized, the market could exceed $1.3T, potentially accelerating mainstream adoption of on-chain assets and DeFi infrastructure.