Tokenized stocks in DeFi surpass $300 million, growing 25-fold in a year

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Data from Token Terminal shows that more than $300 million in tokenized stocks has been deposited in DeFi protocols, up 2,451.5% from a year ago. These deposits are spread across 20 issuers and 10 chains, but the market is highly concentrated; tokenized stocks have a total market capitalization of $4.4 billion, of which about 6.8% is deposited in DeFi.