RT sarahsss (@Sarahssscy)A beautiful growth curve is emerging on BNB Chain, reflecting the rapid expansion of tokenized stocks across the ecosystem. Through collaborations among @BNBCHAINZH , @OndoFinance , and various leading wallets like @BinanceWallet @TrustWallet @BitgetWallet , on-chain access to tokenized equities has become smoother, simpler, and more widely adopted.These partnerships demonstrate how blockchain technology can streamline the way digital assets are issued, transferred, and utilized. Lo ...

🔥 NEW: Kraken is acquiring Backed Finance, a major tokenized-assets issuer with about 23% market share, to expand its tokenized stocks and ETF offerings across its platform. https://t.co/Y7xoIWuMB6 ...

Are tokenized stocks the future of finance?Join @marklg on our Discord for an AMA on @xStocksFi.Ask a question and receive a chance to win $100 in USDG.Don’t miss out ⤵️https://t.co/USZh7vBFX7 https://t.co/9PQlcMiacf ...

RT rip.eth (@ripeth)Robinhood now tokenized nearly 1,000 stockson Arbitrum, for their EU app first, soon everywhere.the financial system is coming onchain, on Ethereum https://t.co/6pHzPBL2G6 ...

A quick look at the fastest growing tokenized stocks:Leading issuers: @OndoFinance @BackedFiLeading chains: @ethereum @BNBCHAIN @arbitrum @base @avax https://t.co/wZa5Vxxetf ...

🔥 BIG: Nasdaq is pushing to launch tokenized stocks first. https://t.co/unW6p1qnxl ...

🔥 BULLISH: Solana now dominates tokenized-stocks trading with 95%+ market share for four months, peaking at 99% in October. https://t.co/uGGOWYTvVC ...

RT Syndica (@syndica)1/ Onchain data reveals Solana’s dominance across tokenized stocks and Bitcoin trading.While other chains surged in activity, Solana remained the market leader in almost every metric 👇 https://t.co/iVTbWqfTeh ...

NASDAQ's Digital Asset Strategy - NASDAQ has been involved in digital assets since 2021, launching the NASDAQ crypto index and further immersing in the space [1] - NASDAQ filed an application with the SEC for a proposed rules change to allow for the trading of tokenized stocks and ETPs [1] - The primary goal is to bridge the digital asset world and the traditional world, prioritizing investor-first principles [3] - NASDAQ aims to integrate tokenized assets into current market structures, applying current securities laws [7] Tokenized Assets and Market Impact - Tokenized shares will trade under the same ticker and CUSIP, fully fungible with their traditional counterparts, offering investors a choice in holding [5] - The trading of tokenized assets on NASDAQ aims to improve efficiency and enhance audit trails [12] - Near-term benefits include process efficiencies on the post-trade side, with potential for atomic instant settlement in the long term [13][14] - Mid-term benefits include collateral mobility for assets, enhancing capital efficiency by allowing equity to be used in collateral pools [15] - Tokenization enhances utility beyond the trade itself, with potential for better access for proxy and enhancements around corporate actions [17] Convergence of Traditional Finance (TradFi) and Decentralized Finance (DeFi) - The convergence of TradFi and DeFi is seen as a combination of traditional risk management, compliance, and regulation with the programmability of DeFi [36] - Stablecoins gained significantly in 2025, and their use in collateral management, along with tokenized treasuries, money market funds, and equities, could drive the next phase of adoption [37][38] NASDAQ's Infrastructure and Offerings - NASDAQ offers exchange technology, powering over 130 markets globally, including crypto markets using their matching engine technology [28] - NASDAQ has a crypto index and reference rates used globally for benchmarking [29] - NASDAQ acquired Calypso through the Adenza acquisition, integrating it with blockchain rails for collateral mobility [29] - NASDAQ offers data products and a surveillance business used globally to monitor markets for manipulation, including crypto markets [31][32]

Overview - Tokenized stocks bridge equities and blockchain [1] - The report focuses on fractional, fast, and global aspects of tokenized stocks [1]