Tokenized Stocks Draw $247.8 Million Into DeFi: What Are They Actually Used For?

Tokenized stock total value locked (TVL) in decentralized finance (DeFi) protocols climbed 1,961% over the past year to $247.8 million. Token Terminal published the figures on Thursday. Binance Research links the growth to wider onchain infrastructure. Lending, smart contract deployment, and stock-paired markets now give tokenized equities a role beyond passive ownership. 3 Chains Hold The post Tokenized Stocks Draw $247.8 Million Into DeFi: What Are They Actually Used For? appeared first on BeInCrypto.