Tokenized Stocks Hit 4.04M Holders, but Only 2.6% Used as Collateral
- —On-chain value of tokenized stocks reached $3.16B, up 395% YoY
- —Holder count stands at 4.04 million, average value $780 per holder
- —Only 2.6% of supply is actually used as loan collateral
- —Top three issuers do not grant holders direct stock ownership
Why it matters: Holder growth does not equal real-world use: token rights depend on each product's issuance structure, not wallet counts.
Source: TokenPost