The total market capitalization of tokenized stocks has risen to $1.2 billion, reaching a new all-time high.

PANews, December 30—According to Cointelegraph, data from Token Terminal shows that driven by strong growth in September and December, the total market capitalization of tokenized stocks has climbed to a record $1.2 billion. Token Terminal stated: “Today’s tokenized stocks are like stablecoins in 2020.” This highlights that the market is still in its early stages. In 2020, stablecoins were just getting started, but this year the sector has grown into a $300 billion industry. Other industry insiders compare tokenized stocks to the DeFi boom at the beginning of 2020, noting that more global stocks may be brought on-chain in the future, benefiting from faster settlement speeds, 24/7 trading, and fractional ownership.