Token Terminal released a dataset covering 5,859 tokenized stock tokens across 18 blockchains, compared with about 300 assets when its dedicated section launched in November 2025. Stove added 2,455 tokens and Robinhood roughly 2,000, while the platform tracks metrics including market capitalization, holder counts and trading volume. As of late October 2026, the tokenized stock market was valued at an estimated $3.7 billion to $4.64 billion, with about 95% tied to US-listed equities or ETFs. Jersey accounted for 28.9% of issuance, and 90.4% of tokenized stocks were issued by non-US entities. US broker-dealer Alpaca held 81% to 83.5% of the market’s capitalization, while more than 5 million holders and several hundred million dollars in tokens were linked to decentralized finance protocols.
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