The system of record for stablecoins, tokenized assets, & onchain finance. Access standardized & comparable data for asset issuers, DeFi venues, & blockchains.
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Joined December 2019
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Token Terminal 📊 retweeted
Giving non-US users access to equity in US companies in a compliant manner is far more valuable.
The best of both worlds: US securities, global access. Increased Economic Freedom for the world, Increased Access to Capital for US companies.
ADRs give foreign companies access to US capital, CB Tokenized Stocks give US companies access to foreign capital.
This isn't surprising. The incentive for issuers to consent to tokenization of their stock under the SEC's Innovation Exemption are weak –– they may get 24/7 trading, but that trading occurs on US venues rather than in new global markets, so there's no net new demand.
But issuer objections aren't going to stop this train. There are many legal pathways to bring securities onchain that don't require consent and that aren't subject to the SEC's jurisdiction. Someone could even build a permissionless protocol that does so.
So, if the SEC wants to maintain oversight of US securities markets, it needs to create an approach for tokenization that delivers the full benefits of onchain markets –– atomic settlement, 24/7 trading, global liquidity, etc.
Supporting permissionless trading of securities through DeFi systems would accomplish that goal, and doing so would create the incentives for issuers that the innovation exemption lacks.
xitter.cf/EleanorTerrett/status/…
Token Terminal 📊 retweeted
$USDG growth up and to the right
the programmable economy prevails
Token Terminal 📊 retweeted
Funds are being tokenized at size on Arbitrum
With $1.1B in market cap, growth over the last 7 days has been led by issuers like @Spiko_finance, @FTDA_US, @Securitize and more
Tokenized Strategy common and preferred stock (MSTR & STRC) has reached $475M in market cap, up 3,467% over the past year
Of that, $204M is on Ethereum, $118M on BNB Chain and $80M on Solana
Open Standard leads stablecoin issuers by market cap growth over the past 30 days, with its OUSD adding $794M
Token Terminal 📊 retweeted
If you own a share of stock today via a broker-dealer, you're probably not on the company's books. Cede & Co., which is owned by DTC, is.
Yesterday, Securitize submitted a comment letter to the SEC on DTC's proposal to modernize the Direct Registration System (DRS), the process for moving shares from Cede & Co. to the transfer agent's books and records, and we strongly support it.
DTC wants to cut the time it takes to move shares via DRS into an investor's own name from days to minutes. That matters a lot for tokenization. It's the on-ramp to issuer-sponsored tokens, where the investor is the registered owner of the real security, on-chain. Not an IOU.
In our letter, we asked DTC to take it one step further: let investors move from a DTC token into a directly registered token in a single step. We also asked for published processing times and the same speed in both directions.
Do that, and moving between street name and a directly registered token becomes even faster and simpler, in both directions. Tokenization works best when investors can do so without friction.
Great work by @SecuritizeBilly and our team. Letter below
sec.gov/comments/SR-DTC-2026…
Tokenized ETFs have surpassed $1B in market cap, reaching $1.1B, up 440% over the past year
Ondo-issued assets account for $632M, followed by Binance bStocks with $284M and xStocks with $153M
Token Terminal 📊 retweeted
70.6% of wallet-to-wallet stablecoin volume in 2026 has settled on @trondao.
It is a clear example of what 🇺🇸 wants from stablecoins: more people and businesses using dollars, particularly in emerging markets.
Most of it is USDT, which @tether mostly backs with US gov debt.
Tokenized stocks on X Layer have added $32M in market cap over the past 7 days, the third-largest increase among chains after BNB Chain and Solana
Spiko's tokenized funds have reached $3B in market cap, up 536% over the past year
Of that, $1.9B is on Stellar and $669M on Arbitrum
Token Terminal 📊 retweeted
Buy the dip!!!
Token Terminal 📊 retweeted
⚡️ LATEST: xStocks’ onchain AUM rose 19.1% to $1.03B in 30 days despite falling stock prices, per Token Terminal.
Token Terminal 📊 retweeted
BNB Chain leads tokenized fund market cap growth over the past year, adding $3.7B
Stellar (+$3.0B) and Solana (+$1.8B) follow
Token Terminal 📊 retweeted
@Morpho led stablecoin DeFi TVL growth over the past 24 hours, adding +$100.0M.
That's over 5x @Uniswap in second at +$19.0M across V3 and V4.
Data: @tokenterminal
