Prometheum, HashKey and Velocity team up to tokenize U.S. stocks
- —Tokenized stocks will be digital twins of securities held at the DTC
- —Assets will be selected from the Russell 1000, ETFs and U.S. Treasuries
- —The market cap of tokenized stocks has grown from $700 million to about $3 billion since the start of the year
- —The entire RWA market has reached almost $39 billion
Why it matters: It expands Asian investors' access to U.S. stocks and reinforces the RWA tokenization trend amid market growth.
Source: Coin68