Who Profits From Tokenized Stocks? Analysts Name Ethereum, Solana and More

TLDR Citrini Research published a 79-page report called Breaking the Wall, saying blockchains have found their purpose in tokenizing real-world assets. Goldman Sachs, Wells Fargo and Morgan Stanley discussed tokenization on third-quarter earnings calls, though none gave a revenue figure. Tokenized stocks like Kraken’s xStocks track a share’s price, but holders do not own the share or get voting rights. BlackRock’s BUIDL fund reached nearly $3 billion in assets in 2026. Analysts disagree on who will profit, with picks ranging from networks like Ethereum and Solana to trading platforms and lenders. Citrini Research , a firm known for work on technology and markets, has turned its attention to tokenization. Last week it released a 79-page report titled Breaking the Wall.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinCentral.