Tokenized stocks reach $1.2 billion market cap in record milestone for on chain equities
Summary
The market capitalization for tokenized stocks has achieved a new record of $1.2 billion, representing a significant milestone for equity products traded on the blockchain. These tokens mirror traditional publicly traded equities, including companies like Tesla, Apple, Amazon, Google, and Microsoft, by converting shares into digital assets tradable on-chain. This tokenization model facilitates fractional ownership and continuous trading, overcoming the limitations of legacy equity markets, and is increasingly seen as a crucial link between traditional finance and the crypto world.
(Source:Crypto Briefing)