Tokenized stocks have quietly grown from a curiosity into a $4.63 billion market in under a year. According to Token Terminal data as of October 28, 2026, onchain equities now carry a combined market capitalisation of $4.63 billion — almost exactly where stablecoins stood in March 2020. Stablecoins have since grown roughly 64-fold to about $297 billion. Nobody can promise tokenized stocks...
