Tokenized stocks hit $4.63 billion, matching stablecoins’ March 2020 size

Tokenized stocks reached $4.63 billion in market size, matching stablecoins' March 2020 level. This growth highlights a shift toward blockchain-based equity access, enabling fractional ownership and global trading. However, market concentration poses significant risks, as a few assets dominate, potentially leading to volatility and systemic vulnerabilities.