Solana's Tokenized Equity Market Surpasses Major Venues
Solana's tokenized equity market is expanding rapidly, with over $200 million in trading volume and a record-breaking $684 million in tokenized-equity supply. This growth has surpassed major venues like NASDAQ and NYSE.
Raydium captured about 70% of this activity, making it the primary source of liquidity behind the growth. The emergence of on-chain stock trading is gaining pace, with more tokenized equities gaining liquidity.
Solana's tokenized-equity market expansion offers traders a growing pool of assets to trade. Several issuers have launched stock products on Solana, including xStocks, Ondo, Backpack Securities, Sunrise, Superstate, and Securitize.