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Tokenized ETFs Lock $53.4M in DeFi, 7% of Market Share

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Token Terminal has reported that the total value locked (TVL) in decentralized finance (DeFi) for tokenized exchange-traded funds (ETFs) has reached $53.4 million. This figure represents approximately 7% of the entire tokenized stock market.

The data reflects a growing trend of integrating traditional financial instruments with DeFi protocols. Tokenized ETFs allow investors to gain exposure to traditional markets through blockchain-based assets, bridging the gap between conventional finance and decentralized systems.

BitRss, the platform that shared this news, emphasizes its commitment to providing timely and transparent crypto news. The platform aggregates information from various trusted sources, ensuring that readers get a comprehensive view of the cryptocurrency ecosystem.

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