Alpaca Custodian for 83.5% of Tokenized Stock Market Cap
- —Alpaca custodies underlying shares for 83.5% of tokenized stock market cap
- —Partners include Binance, Coinbase, Ondo, xStocks and Robinhood
- —Figures come from a report by analyst @tokenterminal
Why it matters: Alpaca's dominant custodial role deepens the link between traditional equities and crypto infrastructure, potentially drawing more institutional capital into tokenized assets.
Source: Coinfomania