📣 New State of the Network: Tokenized Equities and the Rise of xStocks on Solana
In @coinmetrics' latest State of the Network, @TanayVed breaks down the tokenized equities landscape and the adoption of Backed xStocks on @solana
Key takeaways:
- Tokenized equities remain nascent (<$1B) but represent a massive opportunity relative to the ~$145T global equities market.
- High-throughput, low-cost blockchain infrastructure, clearer securities guidance and growing participation from fintechs, exchanges and DeFi protocols are enabling compliant issuance and utility.
- Multiple models are emerging across the equities tokenization spectrum, from native issuance and custodial structures, to synthetic or derivative-based exposure.
- xStocks on Solana remain early but show meaningful traction, with AUM rising roughly 9x since launch to ~$186M and on-chain activity expanding across active wallets and transactions.
Read the full report (Link in replies)

Read @coinmetrics State of the Network >>>>
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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