Tokenized stock market value surpasses $1.6 billion, with Ethereum holding a 41.1% market share

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ME News Report, May 22 (UTC+8), according to Token Terminal data, the total market capitalization of on-chain tokenized stocks has surpassed $1.6 billion, reaching a record high. Among them, Ethereum holds the largest market share at 41.1%, Solana accounts for 29.6%, and BNB Chain accounts for 27.8%. In terms of issuers, Ondo Finance holds approximately 61% of the market share, xStocks accounts for about 27%, becoming the main driver in this sector. Regarding individual stocks, tokenized ETFs, CRCL (Circle), TSLA (Tesla), NVDA (Nvidia), and other assets are among the largest in scale. (Source: PANews)
ETH-3.28%
SOL-3.09%
BNB-1.42%
ONDO-8.69%
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LeonardoDaVinci,Devil
· 8h ago
【Breaking News】Federal Reserve Board member Waller: Inflation risks mean the Federal Reserve should no longer signal rate cuts; its next rate adjustment could be a hike.
On May 22, Federal Reserve Board member Waller said on Friday that, given the growing inflation risks, the Fed should not treat further rate cuts as the default plan. And just this January, Waller also supported rate cuts. In a speech, Waller said that as the conflict in the Middle East continues, rising costs for oil and other commodities are increasingly likely to trigger broader, more sustained inflation in the economy. He said, therefore, it is time for the Fed to stop signaling that the most likely move for its next action would be another rate cut. Waller said that in the foreseeable future, keeping interest rates in the current range of 3.5% to 3.75% is likely the right approach. He added, “If inflation cannot be brought down quickly, I can no longer rule out the possibility of future rate hikes.” Waller stated
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HaiyanColdWallet
· 8h ago
Ondo takes 60%, the oligopoly pattern is a bit obvious.
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MevStreetPhotographer
· 9h ago
TSLA NVDA these leading U.S. stock tokens are truly attractive in terms of liquidity.
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