When the market is boring, the biggest evolutions in the industry are happening behind the scenes https://x.com/Kobeissi | Hanami
When the market is boring, the biggest evolutions in the industry are happening behind the scenes https://x.com/KobeissiLetter/status/2117305266119073856
Quoted @KobeissiLetter: Tokenization is the biggest bull market in crypto.
The total circulating supply of onchain tokenized equities just hit another record high, at $3.8 billion.
This metric has now reached a new record high for 10 consecutive weeks, up +590% year-to-date.
It has become increasingly clear that financial markets are moving toward tokenizing everything.
Investors are demanding 24/7 markets, and tokenized assets are increasingly fulfilling that demand.
Amid the shift, Jupiter, the largest onchain platform on Solana, reported that 70% of tokenized asset trading now occurs outside traditional market hours.
Amid this surge in demand, the NYSE is developing infrastructure for tokenized equities and perpetual futures.
The future of financial markets is onchain.