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DeFi TVL for Tokenized Stocks Grows 2,451%

DeFi protocols have seen a significant increase in the total value locked (TVL) for tokenized stocks, with deposits totaling over $300 million. This represents a 2,451.5% increase from the previous year, with Solana, Robinhood Chain, and BNB Chain accounting for the majority of the deposits. xStocks, affiliated with Kraken parent Payward, captured approximately 58% of the tokenized stock deposits, highlighting the growing interest in this space.

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