Solana’s Tokenized Stocks Hit $1B-What’s Going On? 😱

by

The Solana blockchain is the dominant force behind the exponential rise of tokenized stocks, onchain data shows. 🐦💸

Solana and xStocks Drive the Fastest-Growing Corner of Tokenized Finance 🚀

According to blockchain analytics platform Dune, the total assets under management (AUM) of all tokenized stocks is currently sitting just over the $1 billion mark, with Solana’s xStocks accounting for over 57% of it. 🎯

xStocks, which have exploded from zero to $571 million in AUM since June 2025, represent the first major successful effort of bringing US equities directly onchain as tradable tokens that can be accessed 24/7. 🕹️

Dune’s data shows that the most popular stocks being traded on Solana are Tesla (TSLA), Circle (CRCL), and Nvidia (NVDA). 🚗💰

Behind Solana’s xStocks is Ondo’s Global Markets (GM) platform, which operates on Ethereum, boasting $352 million in AUM, and on the Binance Smart Chain (BSC) with an AUM of $52 million. 🏦

xStocks are tokenized stocks issued by Backed, a tokenization firm that was recently acquired by Kraken. 🦄

While the decentralized ecosystem of tokenized stocks booms, Bitget, the sixth-largest cryptocurrency exchange in the world, reports the success of its own tokenized stocks platform. 🎉

In an announcement last week, Bitget reported $1 billion in cumulative spot trading volume for its tokenized stocks platform, which uses an integration of xStocks and Ondo Finance’s GM. 📈

Interestingly, the company noted that roughly 95% of that total volume was generated in December alone, “underscoring a sharp acceleration in user participation and liquidity as tokenized stocks moved from early adoption to mainstream trading.” 🧨

Bitget CEO Gracy Chen said:

“What we are seeing is not just demand for equities on-chain, but a broader appetite for assets like gold and commodities to trade with the same speed, transparency, and global reach as crypto… As tokenized stocks, ETFs, and traditional assets converge on a single platform, capital is increasingly moving toward markets that operate continuously and without geographic barriers. This milestone signals that on-chain access to real-world assets is becoming a core part of modern market participation.” 🌍

FAQ ❓

  • What are tokenized stocks?
    Tokenized stocks are blockchain-based versions of real-world equities that can be traded on-chain 24/7 without traditional market hours. 🕒
  • What are Solana xStocks and why are they important?
    Solana’s xStocks are tokenized U.S. equities that now control over 57% of the $1B tokenized stocks market, marking the first major success of equities going fully on-chain. 🎯
  • Which tokenized stocks are most popular on Solana?
    According to Dune, Tesla (TSLA), Circle (CRCL), and Nvidia (NVDA) are the most actively traded tokenized stocks on Solana. 🚗💰
  • How is Bitget involved in tokenized stocks?
    Bitget integrates xStocks and Ondo Finance’s Global Markets to offer tokenized stocks, reaching $1B in cumulative trading volume with most activity occurring in December. 📈

Read More

2026-01-07 21:57