Tokenized stocks have ‘stablecoin moment’ as market cap hits $1.2B

Tokenized stocks have surged to a $1.2 billion market, with insiders comparing their growth to stablecoins and DeFi’s early boom in 2020.

Demand for tokenized equities has accelerated since their mainstream debut earlier this year, pointing to this emerging asset class as a potential early signal of broader blockchain adoption beyond Bitcoin and stablecoins. 

The combined market capitalization of tokenized stocks has climbed to a record $1.2 billion, according to data from Token Terminal, driven by strong growth in September and December.

“Tokenized stocks today are like stablecoins in 2020,” Token Terminal said, underscoring how early the market remains. Stablecoins were still in their infancy in 2020, but they have since grown into a $300 billion sector.

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