Tokenization of US Stocks: New Landscape of Blockchain Finance

The tokenization of US stocks is rapidly becoming the focus of the global blockchain market in 2025. Data shows that the current market value of tokenized stocks has reached $422 million, with nearly 50,000 holding addresses, an increase of nearly 2000% compared to a month ago.

Recently, multiple platforms and exchanges have launched tokenized versions of well-known US stocks such as Apple, Tesla, and Nvidia. These tokenized stocks have broken through the traditional trading time limitations, achieving 24/7 global circulation.

Accelerating Factors for Tokenization of US Stocks

In 2025, the tokenization of US stocks will enter a period of explosive growth, mainly driven by the following factors:

1. Technical breakthroughs: Mainstream public chains like Ethereum and Solana have the capability to support large-scale asset tokenization. The maturity of technologies such as cross-chain bridges and decentralized identity verification has lowered the barriers for traditional assets to enter the Blockchain.

2. Market Demand: Global investors are increasingly enthusiastic about US stocks, but traditional channels have many restrictions. On-chain US stocks provide overseas investors with a low-threshold, low-cost 24-hour investment channel.

3. Dollar Strategy: The tokenization of US stocks provides a new value flow path for US dollar stablecoins, becoming an important channel for the global return of US capital.

4. Regulatory Attitude: The gradual clarification of the regulatory environment has provided some space for the tokenization of US stocks.

Platform Strategy and Business Model

Different types of platforms have adopted different strategies in the wave of tokenization of US stocks:

1. Professional asset tokenization platforms (such as Backed, MyStonks): By cooperating with traditional financial institutions, actual US stock assets are custodied and sold globally in token form, opening up new business models and regulatory arbitrage opportunities.

2. Trading platforms (such as Kraken): Introduce US stock tokens to expand trading categories, enhance user stickiness, and reduce the risk of user assets flowing to traditional financial institutions.

Exploration of Tokenization Models

Different platforms have adopted various tokenization models:

1. MyStonks: Turning stocks into NFTs and ERC-20 Tokens, emphasizing asset ownership by users, but facing challenges in liquidity and trading efficiency.

2. Backed: Real US stocks are custodied in a regulated securities system, issuing 1:1 pegged tokens. This lowers the participation threshold for traditional institutions, but users have limited control over the assets.

3. Kraken: Directly integrates existing token products to provide users with a convenient trading experience, but the on-chain attributes are relatively weak.

These models emphasize asset ownership, credibility, and transaction convenience, reflecting different designs of trust mechanisms.

The Impact of On-Chain US Stocks

The tokenization of US stocks is reshaping the financial landscape:

1. Achieve around-the-clock trading, breaking geographical and time limitations.

2. Lower the threshold for global users to directly invest in US stocks.

3. Introduce real enterprise-backed assets for DeFi, providing a credit foundation.

4. Promote the maturity of the on-chain financial ecosystem and achieve deep integration with the real economy.

The tokenization of US stocks is not only a new trading method but also a landmark event in the deep integration of blockchain and traditional finance. It introduces more stable, more authentic, and easier-to-understand asset anchors to the on-chain market, and is expected to become an important force in driving the development of the Web3 ecosystem.