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Solana-based tokenized stocks have surged past $100 million in market capitalization within a month of their launch. Despite this rapid growth, DeFi adoption of these assets remains limited, highlighting a gap between crypto and traditional finance integration.
- Solana's tokenized stock market grew 242% in under a month, reaching $102 million, while Ethereum-based tokenized stocks lag at $11.8 million.
- Only 4.7% of TSLAx and 7% of SPYx market caps are utilized in DeFi, highlighting low composability adoption despite high trading volumes.
- Michael Cahill predicts rapid growth if traditional finance interfaces bridge the gap for on-chain products, citing untapped potential in tokenization.
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