Solana Surpasses 900K Tokenized Equity Holders Amid Record Growth
Solana's tokenized equity ecosystem has reached a new milestone, surpassing 900,000 wallet addresses holding tokenized versions of traditional stocks. This marks an all-time high for Solana in one of crypto's fastest-growing sectors.
In just over two weeks, the number of wallets holding tokenized equities increased by nearly 90%, from around 424,894 on September 1 to over 900,000 by mid-month. Other popular tickers on Solana include NVDAx, SPYx, TSLAx, and AAPLx.
The appeal of tokenized equities lies in global access to US stocks without needing a traditional brokerage account, combined with the benefits of having these assets live natively on a blockchain. New listings have been a key catalyst for growth, with recent additions including tokenized Nike shares and issuer-direct options provided by Galaxy Digital.
xStocks serves as one of the primary issuers, creating tokenized versions of traditional equities that trade on-chain. Meanwhile, Backpack Securities provides regulated brokerage infrastructure, and Jupiter acts as the distribution layer where most of these tokens change hands.