Imagine if Stocks could be traded as conveniently as crypto?
Underlying networks would become more profitable as stock trading is as hectic/frantic as in crypto trading or even more so, which will translate into higher fees. Being more profitable, hence more attractive, will increase its speculative value, which will lead to significant appreciation, temporarily or not.
RWA tokenization of EQUITIES and BONDS will eventually amount for the largest portion of the market capitalization, the same way, the Stock Market (the aggregate volume traded by Exchanges worldwide) alone represents roughly +100 Trillion USD.
If just a fraction of that starts trading on chain (any L1/L2 blockchain), related transactions would dominate network activity, as much as crypto trading (activity in CEX/DEX and NFT platforms) already does.
By capitalization as of 2025:
USA ~55-60 trillion
CHINA +10 trillion
JAPAN ~5.5-6 trillion
INDIA, HONG KONG ~4-5 trillion
EU MEMBERS, SAUDI ARABIA, SOUTH KOREA, TAIWAN each between ~3-1 trillions.
20250709
Kraken in association with BSC (BNB, Binance Smart Chain) provide a financial service called xStocks in which assets such as Apple (APPL), Tesla (TSLA) stock could be traded outside the US in a tokenized form.
The service is said to be available in +100 countries and gaining traction as per volume growth.