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Altcoins & DeFi

Tokenized equities hit $3.8B as weekly DEX trading climbs 55-fold

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Tokenized equities have reached $3.8 billion in market value as weekly decentralized exchange trading has climbed 55-fold since January, according to DWF Labs. $3.8 billion in tokenized equities represents roughly six times the market’s value in early January. $2.54 billion in weekly DEX trading remained below the report’s $7.26 billion late-August peak. Ondo retained the largest issuer position, while xStocks and Binance each approached $1 billion. $313 million in tokenized equities was deployed in DeFi by Oct. 15, DWF Labs estimated. As per a report shared with crypto.news by DWF Labs, titled The Bright Side: Tokenized Equities, weekly spot trading on decentralized exchanges reached $2.54 billion in the week of Oct. 5, up from $45.8 million in the week of Jan. 5.

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