Tokenized Stocks Draw $247.8 Million Into DeFi: What Are They Actually Used For?
Tokenized stock total value locked (TVL) in decentralized finance (DeFi) protocols climbed 1,961% over the past year to $247.8 million. Token Terminal published the figures on Thursday. Binance Research links the growth to wider onchain infrastructure. Lending, smart contract deployment, and stock-paired markets now give tokenized equities a role beyond passive ownership. 3 Chains Hold The post Tokenized Stocks Draw $247.8 Million Into DeFi: What Are They Actually Used For? appeared first on BeInCrypto.
Key Takeaways
- Tokenized stock total value locked (TVL) in decentralized finance (DeFi) protocols climbed 1,961% over the past year to $247.8 million.
- Token Terminal published the figures on Thursday.
- Binance Research links the growth to wider onchain infrastructure.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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