The tokenized equity market is seeing unprecedented growth.
There are now over 670,000 people holding tokenized equities onchain.
This figure has surged +73% month-over-month and +449% year-to-date.
Amid this growth, Solana now accounts for 85% of onchain tokenized equities volume.
Furthermore, Jupiter's routed tokenized asset volume is up 300% year-to-date, driven by the recent increase in demand for trading outside of market hours.
Over the last 30 days, ~68% of the onchain platform's volume was traded during weekends and off-hours.
The market is quickly shifting to 24/7 price action.
This Rocket Lab $RKLB acquisition is a BIG deal and makes me really excited to continue being a shareholder.
Why?
Essentially, it feels like this is another step in transforming Rocket Lab from primarily a space infrastructure company into a vertically integrated space and communications company with recurring cash flows…
- Adds a global satellite network
- Creates recurring, high-margin revenue. Iridium generates subscription-based revenue
- Accelerates direct-to-device and space connectivity
Rocket Lab can now design, build, launch, and operate satellites while also owning the communications network that generates long-term service revenue…
If $SPCX SpaceX is the whole Space-Stack, then $RKLB just got MUCH closer to competing with the entire stack.
This company trades at a premium for a reason and has made MANY moves this year to continue justifying why they get that premium.
If Commercial Space TAM with rocket launches and connectivity is in the trillions…Rocket Lab is going after every layer of that TAM with this acquisition.
Congrats to everyone on this amazing green day for $AMPG, thank you!
+94.84% past 5 days... not bad right?
I see a couple space setups that are still at support... SO BE READY! 🔔
If sitting on a lot of gains, be sure to watch resistance levels in our https://t.co/EhtZ5UZ4F4 indicator suite... NFA!