Tokenized Stocks in DeFi Reach $262 Million Across Blockchains
- Stock-linked tokens deployed in DeFi reached an estimated $262.4 million by the end of September.
- This marks a nearly eighteen-fold increase from approximately $14.66 million at the beginning of the year.
- Solana accounted for about $95.9 million, and Robinhood Chain held approximately $79.9 million of these assets.
- Base contributed around $16 million to the total amount.
- These figures represent assets actively used in DeFi, not the total value of all tokenized equities outstanding.
The growth in tokenized stocks within decentralized finance highlights their increasing utility beyond mere digital storage, enabling new financial activities like automated market exchanges and collateral pledging.
Despite its small size compared to conventional equity markets, the $262 million figure underscores significant engagement with programmable financial activities on blockchain networks such as Solana and Robinhood Chain. (Source)
