#gStocks代币化股票上线 Digital asset trading platform Gate officially launched the gStocks tokenized securities service on July 3. This service is backed by 1:1 fully collateralized original stocks, with the initial launch 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 with 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 the time restrictions of traditional markets like U.S. and Hong Kong stocks; in terms of entry barriers, it supports a minimum investment of 1 USDT and fractional share trading, allowing small amounts of capital to participate in global high-quality asset allocation. Additionally, tokenized securities can be used as margin for leveraged lending or linked to wealth management products.

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

But beneath the prosperity, there are hidden concerns. On the regulatory front, the U.S. SEC is brewing an innovative exemption framework, intending to allow third-party tokenized stocks, but this could also trigger "dual fragmentation" in traditional exchanges—funds 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 the regulatory framework's implementation will directly affect the direction of the track.

The launch of gStocks is a key move by Gate 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 have a one-stop allocation of digital assets and global stocks. As the walls between "Wall Street" and "on-chain" are being torn down one by one, a more open and efficient new global investment ecosystem is taking shape.
$MU