The market cap for tokenized stocks on the Solana network has surged from $13 million to over $48 million in just two weeks, showcasing a rising interest in on-chain trading of real-world assets.
Solana's fast transaction speeds and low fees make it well-suited for trading tokenized equities like Apple and Tesla across different time zones.
While tokenized stocks on Solana track real stock prices, they do not provide voting rights or dividends, serving as tools for price exposure rather than complete stock ownership.
Projects such as Backed Finance and Jupiter are fostering adoption by linking traditional stocks with DeFi infrastructure, bridging the gap between equities and decentralized finance.