Tokenized shares reached $1.6 billion
According to Bitget Research report, the market value of tokenized stocks has reached $1.6 billion, growing by 240%. While the US SEC is reportedly preparing a framework for tokenized stocks, $1.8 billion in leveraged positions were liquidated in global markets over the last 24 hours. Bitcoin fell below $60,000, while Ethereum dropped to the $1,500 level. Analyst Ryan Lee stated that speculative positions have decreased and that markets will now be driven by spot demand and macroeconomic developments.
➤ The market value of tokenized stocks has reached $1.6 billion, with a 240% growth, and monthly on-chain transfers exceeding $3.8 billion. ➤ The SEC is reportedly preparing a framework for tokenized stocks, which could boost investor confidence and institutional participation, though regulatory uncertainty and liquidity fragmentation remain challenges. ➤ Significant liquidation of leveraged positions ($1.8 billion) occurred due to market tightening, leading to price drops in Bitcoin and Ethereum, with future market movements expected to be driven by spot demand and macro factors rather than derivatives.
