Tokenized stocks and ETFs above $1 million climb to 348, up from 3 in January 2025

The count of on-chain equity products with meaningful size has exploded, though the sector remains a rounding error next to traditional markets In January 2025, you could count the tokenized stocks and ETFs worth more than $1 million on one hand. Actually, you would only need three fingers. That number has since climbed to 348. It is the kind of growth curve that usually shows up in a startup pitch deck, except this one is tracking real assets sitting on blockchains. The figure matters because the $1 million mark filters out the noise. Anyone can mint a token.