Stocks are coming onChain , but in markets from Africa to Asia the big movers are in more stable securities like Tbills, bonds and real estate..... we are building for the rest of the world ๐
The tokenized stock market gained $618M in four weeks.
But, its three largest issuers gained $776M.. so why is the math not mathing?
Between Sep 28โOct 26:
โข @bstocksfinance: $827M โ $1.35B
โข @Ondo: $1.21B โ $1.32B
โข @xStocksFi: $863M โ $1.01B
Their combined market share climbed from 74% to 81%, while the rest of the market collectively lost around $158M in value.
It means there's a concentration increase among the biggest issuers, on top of the shared custody infrastructure that the post below mentioned.
Not necessarily bad, but if you ask me, this market could use a few more independent players.
91% of all tokenized stocks lead back to one broker.
Tokenized stocks total $4.60B today and $4.17B of that is backed by real shares held at a single US broker called Alpaca Securities.
- 7 issuers use it - Binance bStocks, Ondo, xStocks, Robinhood, Reality, Coinbase and Dinari.
- Alpaca holds those shares at DTC, the central US securities depository. On the company's books, the owner is Cede & Co., and not you.
- Securitize and Backpack take a different path, through RQD Clearing but still ends at DTC.
- Superstate and Securitizeโs ISTs are the only one that skips both. The shares sit on the company's own register, with no broker and no DTC.
In total, thatโs 4.7M token holders across those 7 issuers, and one broker between all of them and the real shares.
Now you know.
@ciphertoone Very soon, power utilities would be as redundant as water board utilities because everyone dug/sourced their own decentralized supply ....
Keep up the good work ๐
Industrialisation remains the most realistic way of leveraging our large population and resources to create wealth/jobs at scale, and reduce poverty.
Not agriculture. Not finance. Not software. Not AI.
Manufacturing and industrialisation!
If we cannot build industries that convert our resources into useful products, everything else, is at best a temporary remedy.
everyone has been asking the same question - why did they pick @AlpacaHQ?
here is why.
- they run a broker API called the stripe of securities trading in which these issuers can plug into them to open accounts, buy shares and custody them. They have created a brokerage infra that has all the plumbing these issuers need instead of just having them in bits.
- they handle all clearing processes themselves (DTC participant #3021) and hold shares in their own DTC account.
- they trade 24/5.
- they also launched an instant tokenization network in 2025 which is an API call to turn a real share into a token, or a token back into a share, 24/7.
basically, they have all an issuer wants and they have been proven and tested by multiple issuers, so why not???
also, all the shares end up recorded in cede and coโs name in the master ledger, so they are all beneficial ownerships.
91% of all tokenized stocks lead back to one broker.
Tokenized stocks total $4.60B today and $4.17B of that is backed by real shares held at a single US broker called Alpaca Securities.
- 7 issuers use it - Binance bStocks, Ondo, xStocks, Robinhood, Reality, Coinbase and Dinari.
- Alpaca holds those shares at DTC, the central US securities depository. On the company's books, the owner is Cede & Co., and not you.
- Securitize and Backpack take a different path, through RQD Clearing but still ends at DTC.
- Superstate and Securitizeโs ISTs are the only one that skips both. The shares sit on the company's own register, with no broker and no DTC.
In total, thatโs 4.7M token holders across those 7 issuers, and one broker between all of them and the real shares.
Now you know.
@nemild@ycombinator Yup... tokenization is exactly what we're solving at BuildVest for emerging markets treasuries, public/private debts instruments & RE. .
US companies credit their growth to "emerging markets." Often that means Africa.
Olugbenga Agboola, CEO of Flutterwave, argues that payments access has opened digital networks to a generation of young Africans, who are now using AI and connectivity to turn local resources into businesses built to last.
Catch the conversations live on YouTube: https://t.co/svJxEO9HLT
#GABI #UnstoppableAfrica @theflutterwave UN @globalcompact
19% of the world's population. Under 1% of its data center capacity.
Kate Kallot, Founder and CEO of Amini, called that gap Africa's real AI challenge.
We're building a digital platform to help structure and track real-world assets more transparently, with compliant workflows at the centre.
We are still early. We're BuildVest
Coming soon. Follow the Build.