Token Terminal Adds Over 145 New Real-World Asset Deployments

Token Terminal has added 145 new real-world asset deployments to its Tokenized Assets dashboard. The update includes listings from three issuers: Backpack, Anchored Finance, and xStocks.

The issuers bring different approaches to tokenizing securities. xStocks offers over 700 tokenized US equities and ETFs, allowing users to trade fractional representations of traditional stocks on-chain.

Backpack focuses its model on Solana, allowing tokens to be redeemed 1:1 for underlying shares through regulated brokers. This addresses one of the persistent criticisms of synthetic stock tokens.

Anchored Finance rounds out the trio with ERC-20 tokenized stocks like aAAPL and aTSLA, each backed 1:1 by the underlying asset.

The updated dashboard now tracks over 4,600 assets across more than 310 issuers and 45 blockchains, with a total tracked market cap of approximately $345 billion. Stablecoins account for roughly 94% of this value.