Tokenized Stocks Market Cap Jumps 842% From a Year Earlier to $3.91 Billion
JH Kim
Summary
- The market capitalization of the tokenized stock market reached $3.91 billion as of September.
- The market capitalization of tokenized stocks surged 842% from a year earlier.
- Tokenized stocks are assets that represent rights linked to traditional equities in the form of blockchain-based tokens.
Forecast Trend Report by Period
The market capitalization of tokenized stocks reached $3.91 billion as of September, marking an 842% jump from a year earlier.
Cointelegraph reported on November 12 that the total market capitalization of tokenized stocks stood at $3.91 billion as of September.
That was up 842% from the same period last year.
Tokenized stocks are assets that represent rights linked to traditional equities in the form of blockchain-based tokens. The structure of those rights can vary by token.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.