Solana accounts for 95% of the trading volume of tokenized stocks in the massive shift towards DeFi.
The recent emergence of the xStocks platform from Backed Finance has allowed Solana to rapidly take a leading position in the tokenization of the stock market.
The launch of xStocks by Backed Finance has contributed to Solana's dominance in the trading of tokenized stocks.
Since the launch of xStocks on June 30, Solana has accounted for over 95% of the total trading volume of tokenized stocks. Currently, the xStocks platform offers 60 tokenized assets, including 55 stocks and 5 ETFs.