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Stock Tokenization Platform xStocks Surpasses $300 Million in On-chain Trading Volume

By: theblockbeats.news|2025/07/23 09:22:19

BlockBeats News, July 23rdAccording to Coindesk, Backed's stock tokenization platform xStocks has seen its on-chain transaction volume surpass $300 million within four weeks since its launch on Bybit, Kraken, and Solana decentralized finance (DeFi) platforms, indicating a growing demand for U.S. stock tokenization.

The data shows that only 12% of the Ethereum protocol and 25% of the Solana protocol have revenue.

Hong Kong Monetary Authority Chief Executive Eddie Yue: Will Announce Summary of "Stablecoin Issuer Licensing Regime" Next Week