xStocks has started listing stocks from outside the US! They dropped 200+ UK and European stocks on Solana [SOL] this week.
Hong Kong’s coming soon, too!
xStocks owns most of Solana’s tokenized stock market
But why is this big news? Per data from Blockworks, the supply of tokenized equities on Solana is at $607 million. They report 2,102 products and close to 1.89 million holders.
Back in June 2025, that number was basically zilch. At the beginning of the year, we were at $200 million; $400 million around April. Sometime this fall, we hit $600 million!
The October peak was $620 million, but we’ve fallen down since. Honestly, though? It’s mostly just kept going up.
Most of that has to do with xStocks; their tokens are 75% of the supply. Ondo, Backpack, and Superstate each have a single-digit share; smaller issuers such as PreStocks, Tessera Labs, Remora, and Securitize put up whatever’s left.
Those shares haven’t moved an inch since August, other than a short dip for xStocks a few days ago. There’s a ton of competition to put traditional stocks on Solana, but it’s xStocks’ race to lose.
But remember: Holders are counted by address, and some people use more than one. The real number of investors could be lower.
They’re all chasing Wall Street!
Blockworks showed about 400,000 holder addresses in early September. Today, it’s closer to 1.9 million.
Daily senders’ best day was at 320K, and the count has gone past 200K on several other days since.
Is it just Solana, though? No.
Avalanche is set to settle traders for the NYSE-linked tokenized stock platform. Robinhood is building its own chain on Arbitrum. The DTCC’s tokenization service uses Canton for part of its setup, and word on the street is that Stellar is prepping for an RWA push too!
Everyone wants a piece of the Wall Street pie. Right now, that’s on Solana’s plate. It could be someone else tomorrow.
Final Summary
- xStocks announced 200 UK and European stocks on-chain; Hong Kong listings up next?
- Tokenized stocks on Solana are worth $607 million; xStocks holds the majority of it.
