#gStocks代币化股票上线 Digital asset trading platform Gate officially launched gStocks tokenized securities service on July 3. The service is backed by 1:1 fully collateralized underlying stocks, with the first batch of 15 trading pairs covering popular targets such as Micron, AMD, SanDisk, and SpaceX.

This event marks another milestone in the integration of the crypto world and traditional capital markets. From a product design perspective, gStocks achieves two major breakthroughs: in terms of time, it supports 7×24-hour uninterrupted trading, completely breaking through the time constraints of traditional markets like US stocks and Hong Kong stocks; in terms of participation threshold, it supports investments as low as 1 USDT and fractional share trading, allowing small amounts of capital to participate in global premium asset allocation. Additionally, tokenized securities can be used as collateral for leveraged lending or access to wealth management products.

From an industry landscape perspective, gStocks is not an isolated case. The neighboring platform bStocks reached an asset under management of over $100 million just 15 days after launch; Robinhood has expanded tokenized stock trading to more than 120 countries; Securitize has tokenized $295 million worth of NYSE-listed stocks on Solana and Avalanche. The influx of leading players indicates that tokenized stocks have moved from proof-of-concept to the scaling stage—as of March 2026, the on-chain value of tokenized RWAs has exceeded $27 billion.

But beneath the prosperity, hidden concerns lurk. On the regulatory front, the US SEC is brewing an innovative exemption framework, planning to allow third-party tokenized stocks, but this could also trigger a "dual fragmentation" of traditional exchanges—capital dispersing from centralized exchanges to multiple blockchain platforms. The DTCC has announced that it will launch a securities tokenization pilot in July 2026, and the pace of regulatory framework implementation will directly affect the trajectory of this track.

The launch of gStocks is a key move in Gate's layout in the RWA track. It further blurs the boundary between on-chain assets and traditional stock markets—investors no longer need to switch back and forth between crypto accounts and brokerage accounts to configure digital assets and global stocks in one stop. As the walls between "Wall Street" and "on-chain" are torn down one by one, a more open and efficient new global investment ecosystem is taking shape.