Tokenized Stocks Blast Off with Record $3.5 Billion Market Cap
The market capitalization of tokenized stocks on blockchain networks has reached $3.5 billion, representing a 33% monthly jump and an approximately 860% increase from last year.
This growth follows the US Securities and Exchange Commission's (SEC) approval of its five-year 'Innovation Exemption' framework in September, which allows qualifying platforms to experiment with trading tokenized versions of real US-listed stocks.
The exemption removes a significant regulatory barrier facing blockchain-based stock markets, but comes with strict conditions covering access, transparency, recordkeeping, and investor protection.