News
Tokenized Stock Market: 10.7% Issuer-Sponsored
According to Token Terminal data from October 17, 2026, about 10.7% of the tokenized stock market value is from issuer-sponsored shares, while the remaining 89.3% is synthetic. Token Terminal estimates the total tokenized stock market at approximately $3.7–3.8 billion. Custody is heavily concentrated, with Alpaca serving as custodian for about 83.5% of the market, including synthetics issued offshore. Securitize has launched a Convertible Entitlement Token (CET) program, backed 1:1 and run on the Solana blockchain, targeting familiar names such as Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), and Circle (CRCL).