George

Tokenized Stocks

[George @glistuy]

Regular Stocks vs Tokenized Stocks: What’s the Difference?

Let’s use Apple as an example.

If you buy regular $AAPL:

• You buy the actual Apple stock through a broker
• Your position is held inside the traditional financial system
• You trade mainly during stock market hours
• You get the shareholder rights that come with that share

If you buy tokenized Apple:

• You buy a blockchain token linked to Apple stock
• You can hold it in a crypto wallet
• You may be able to trade it outside normal market hours
• You can move it onchain just like other crypto assets
• In some cases, you can use it inside DeFi

The most important difference:

A tokenized stock is NOT automatically the same thing as owning the real stock.

Some tokenized stocks are backed 1:1 by real shares.

But depending on the platform, the token may give you different rights than holding the actual stock through a broker.

So think of it like this:

Regular stock = Apple shares inside the traditional financial system.

Tokenized stock = Apple exposure brought onto the blockchain.

Same company.

Similar price.

Very different infrastructure.

[George @glistuy]

@Ondo @OndoPerps

[George @glistuy]

@RWAFoundation_ @tether @Paxos @HastraFi @goldfishggbr @jpmorgan @onrefinance @MidasRWA @xStocksFi @KinesisMonetary robinhood tbh should have received a larger influx of capital

[George @glistuy]

+$6.73B THIS SUMMER.

Onchain RWA market cap climbed from $27.656B on June 1 to $34.386B on August 21.

That’s +24.3% in 81 days.

Bonds: +$2.91B
Public equities: +$1.03B
Private equity & VC: +$0.98B
Private credit: +$0.86B
Precious metals: +$0.59B

Together, these five segments generated 94.6% of the increase.

What changed around them:

• Ondo brought custodial tokenized U.S. securities inside the existing regulatory perimeter.
• DTCC processed live production trades across Treasuries, repos and equities with 30+ firms.
• Dinari opened 724 tokenized U.S. stocks to eligible American investors.
• Trump pushed Congress to pass the CLARITY Act on August 19.

So I wouldn’t call this a Trump pump. His CLARITY push came two days before this snapshot closed.The biggest increase came from the least exciting category on the chart: bonds, up $2.91B.

[George @glistuy]

@tokenterminal It’s strange that only the CEO of Robinhood spoke in the White House and the capitalization grew by only 3 million

[George @glistuy]

@TheBlockCo people will understand it later

most of stocks audience for example using classic brokers except trying new technology

[George @glistuy]

@OndoPerps all i need now is to buy Trumps private calls for 100k and earn money on ondo perps

[George @glistuy]

A day before standing next to Trump, Robinhood’s CEO published his case for bringing Stock Tokens to America.

Most of the argument is about speed: 24/7 trading, real-time settlement, positions that move between wallets. The important line is about what the buyer owns.

Robinhood’s disclosure calls Stock Tokens “tokenized debt securities.” They are issued by Robinhood Assets (Jersey) Limited. The backing shares remain with a US custodian; holders receive economic exposure, but no legal or beneficial rights in the companies themselves.

That distinction matters if the issuer fails. Robinhood says an independent security agent would sell the backing shares and arrange for the cash proceeds to reach token holders.

Tenev thinks the infrastructure gains justify the different legal object. Tokens carrying full shareholder rights come later, once regulation allows them. Read that way, America is being asked to approve the trading rail first and settle share ownership later.

[Vlad Tenev @vladtenev]

America must continue to lead. https://t.co/WUOJHfOWGE

[George @glistuy]

@popdex_ I was in a short on Hyperliquid in October. The position was fine and in profit, nothing wrong with it. Then the cascade hit and they auto deleveraged me to cover the losers. If they hadn’t touched it I would have made a few thousand more. Pretty annoying experience.

[George @glistuy]

@RWAFoundation_ thats how tokenization assets grown for the last few years. Just imagine what we will get in the soon future

https://t.co/38fxMNUayY

[George @glistuy]

4,189 tokenized stock tickers are already listed.

The whole public equities sleeve is only ~$2B.

Do the math.

That is thousands of names sharing a small pool.
Most of that money sits in a handful of tickers.
The rest are thin.

So if you buy a random tokenized stock because the name looks familiar, you can get a worse price than the real market, wait longer to exit, and find almost no book on a Sunday night.

Category size is not a flex.
It tells you where liquidity actually is.

Before you buy a tokenized stock, check volume on that ticker — not the $32B RWA headline, not the 4,000 asset count.

[George @glistuy]

4,189 tokenized stock tickers are already listed.

The whole public equities sleeve is only ~$2B.

Do the math.

That is thousands of names sharing a small pool.
Most of that money sits in a handful of tickers.
The rest are thin.

So if you buy a random tokenized stock because the name looks familiar, you can get a worse price than the real market, wait longer to exit, and find almost no book on a Sunday night.

Category size is not a flex.
It tells you where liquidity actually is.

Before you buy a tokenized stock, check volume on that ticker — not the $32B RWA headline, not the 4,000 asset count.

[George @glistuy]

@Ondo tokenization is really gaining mainstream traction daily

[George @glistuy]

@Ondo I remembered wen i opened position on bingx 1 year ago and wana close it on weekends

trades are not working on weekends so i lost like 60% of position

[George @glistuy]

@wegocrypto88 read it

[George @glistuy]

Regular Stocks vs Tokenized Stocks: What’s the Difference?

Let’s use Apple as an example.

If you buy regular $AAPL:

• You buy the actual Apple stock through a broker
• Your position is held inside the traditional financial system
• You trade mainly during stock market hours
• You get the shareholder rights that come with that share

If you buy tokenized Apple:

• You buy a blockchain token linked to Apple stock
• You can hold it in a crypto wallet
• You may be able to trade it outside normal market hours
• You can move it onchain just like other crypto assets
• In some cases, you can use it inside DeFi

The most important difference:

A tokenized stock is NOT automatically the same thing as owning the real stock.

Some tokenized stocks are backed 1:1 by real shares.

But depending on the platform, the token may give you different rights than holding the actual stock through a broker.

So think of it like this:

Regular stock = Apple shares inside the traditional financial system.

Tokenized stock = Apple exposure brought onto the blockchain.

Same company.

Similar price.

Very different infrastructure.

[George @glistuy]

Wall Street spent $300M to buy three milliseconds.

Two years later, the edge was already becoming obsolete.

That is the part most people miss about “alpha”:

if your edge can be bought, it can be rented.

And if it can be rented, someone richer will eventually outbid you.

Spread Networks built a straighter Chicago → New Jersey fiber route so trading firms could see a price move and react before slower venues caught up.

For a brief moment, a few milliseconds were worth a fortune.

Then microwave networks made the cable slower.

The cable was never the real edge.

Being the only one with it was.

That is why speed is a rented advantage.

Time, research and patience are closer to owned advantages — machines cannot simply buy them before you.

This is one of the cleanest explanations of how modern market structure actually works.

[Voltex @VoltexGar]

https://t.co/3e7n3vCb0b

[George @glistuy]

@tigerfl0w Sounds like a wild story, but I wonder why Wall Street ignored it for so long

[George @glistuy]

@Rossst_03 That’s wild, didn’t realize they avoided guessing markets so strictly

[George @glistuy]

@tigerfl0w Sounds impressive but wonder why it wasn’t promoted more widely

[George @glistuy]

@coreyganim That’s impressive, but I wonder how well those ai agents actually perform over time

[George @glistuy]

@caspr_exe Swarm agents sound cool but can they handle complex tasks well