The On-Chain Trend of US Stocks: A New Pattern of Global Asset Allocation

In 2025, the tokenization of US stocks is rapidly becoming the focal point of the global blockchain market. According to data platform statistics, the market value of tokenized stocks has reached $422 million, with nearly 50,000 holding addresses, an increase of nearly 2000% compared to 30 days ago.

Observing the recent movements of major platforms, it is not difficult to find that traditional star stocks such as Apple, Tesla, and Nvidia have quickly landed on the blockchain. These assets are no longer limited to Wall Street trading hours, but circulate among global investors around the clock.

This wave of tokenization not only reflects technological breakthroughs but is also the result of the combined effect of market demand and regulatory easing, reshaping the global investment landscape.

Drivers of On-Chain Transformation in US Stocks

The tokenization of the US stock market will enter an explosive period in 2025, mainly due to the following reasons:

1. Breakthrough in technical bottlenecks: Mainstream public chains have the capability to support large-scale asset tokenization. Ethereum provides the ERC-20 standard to ensure compatibility, while Solana has become a popular choice due to its high performance. The maturity of cross-chain bridges and decentralized identity verification mechanisms further lowers the threshold for asset on-chain.

2. Global investment demand growth: Emerging market investors are enthusiastic about U.S. stocks, but traditional channels have high thresholds and costs. On-chain U.S. stocks bypass cumbersome processes, allowing global users to participate with low barriers.

3. Global Dollar Strategy: The tokenization of U.S. stocks provides a new value flow pathway for stablecoins, becoming a secret channel for the global return of American capital. This is deeply tied to the internationalization strategy of the dollar, attracting global capital in a more flexible manner.

4. Exchange and platform promotion: Major platforms view on-chain US stocks as a strategic focus and actively introduce new categories to enhance user loyalty.

Exploration Paths of Different Platforms

Different platforms have adopted different strategies for the on-chain transformation of US stocks:

1. A certain platform uses the most "native" method to create stocks as NFTs and ERC-20 tokens circulating on the Ethereum network. It integrates a DID identity system, protecting privacy while meeting compliance requirements. However, the liquidity and composability of NFTs are limited, and trading efficiency still needs improvement.

2. Another platform similar to compliant financial institutions extends by holding actual U.S. stocks in a regulated securities system and issuing 1:1 pegged tokens. This lowers the threshold for institutional participation, but users have limited control over their assets.

3. A certain trading platform directly integrates existing token products, providing users with a familiar interface and convenient experience. This approach lowers the barrier but has weaker on-chain attributes.

The three modes emphasize "asset ownership", "asset credibility", and "transaction convenience", exploring the best representation of traditional financial assets on-chain.

The Impact and Significance of On-Chain US Stocks

1. Break the limitations of time and space: US stocks become a globally tradable asset 24 hours a day.

2. Lowering the global investment threshold: Ordinary users can directly purchase US stocks using stablecoins, simplifying the cross-border investment process.

3. Enriching the DeFi ecosystem: Introducing assets backed by real enterprises to provide a real credit foundation for DeFi.

4. Promote financial innovation: on-chain US stocks can be combined, mortgaged, and split, building a more mature on-chain financial ecosystem.

5. Strengthen the dominance of the US dollar: Create new global liquidity channels for US dollar assets.

Conclusion

The tokenization of US stocks reflects the strong demand for real-world assets on the blockchain. It is not only the digitization of traditional assets but also an attempt by Web3 to actively seek reliable asset logic. In the current context of significant volatility in native crypto assets, US stocks, as high-quality real assets, are being introduced into the Web3 ecosystem, becoming an important driving force for the new round of development.

The impact of this transformation has surpassed the product itself and is reshaping the global asset allocation landscape and financial infrastructure. The tokenization wave in the U.S. stock market may become a key bridge connecting traditional finance and the digital economy.