
Backpack Securities Hits $584M Weekly Tokenized Stock Volume, Captures 63% Market Share
- —Backpack Securities logged a record $584 million in weekly tokenized equity volume
- —Its share of Solana's tokenized equity market topped 63%
- —xStocks accounts for 77% of tokenized equity supply at $480 million
- —11 of Solana's top 20 tokenized equity pools hold xStocks-issued assets
Why it matters: The contest shows trading volume, not supply, now decides leadership in the tokenized equity market as TradFi and DeFi converge.
Source: SolanaFloor