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The Kobeissi Letter
@KobeissiLetter
Official X account for The Kobeissi Letter, an industry leading commentary on the global capital markets. Email us: support@thekobeissiletter.com
Joined June 2015
591 Following    2.5M Followers
The tokenized equity market is seeing unprecedented growth. There are now over 670,000 people holding tokenized equities onchain. This figure has surged +73% month-over-month and +449% year-to-date. Amid this growth, Solana now accounts for 85% of onchain tokenized equities volume. Furthermore, Jupiter's routed tokenized asset volume is up 300% year-to-date, driven by the recent increase in demand for trading outside of market hours. Over the last 30 days, ~68% of the onchain platform's volume was traded during weekends and off-hours. The market is quickly shifting to 24/7 price action.
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