Galaxy issues shares on Solana, sees tokenized stocks hitting $190 trillion in 20 years

The marketplace for tokenized equities could grow to astir $190 trillion wrong the adjacent 20 years, according to caller projections from Galaxy Research.

Galaxy made this projection aft it became 1 of the archetypal nationalist companies to tokenize its banal connected the Solana blockchain via Superstate, which specializes successful compliant tokenization infrastructure.

Speaking connected the move, Alex Thorn, Galaxy’s Head of Research, said:

“Onchain GLXY is existent Galaxy Class A Common Stock. If you clasp the token, you ain communal equity successful galaxy, the aforesaid arsenic if you bought our banal done successful your accepted brokerage account. nary publically traded institution has ever done this earlier successful the US.”

As of property time, 32,374 Galaxy Class A shares had been issued connected Solana, held by 21 token holders, according to Dune Analytics data.

According to the firm, this determination illustrates its condemnation that tokenization is viable and a imaginable blueprint for however listed companies whitethorn heighten marketplace accessibility.

‘Uniswap moment’

Considering this, the steadfast modeled bear, base, and bull scenarios to exemplify however blockchain adoption whitethorn reshape fiscal markets erstwhile decentralized trading achieves captious mass.

Galaxy describes the tipping constituent arsenic a “Uniswap moment,” erstwhile on-chain trading is wide regarded arsenic fairer, faster, cheaper, and safer than bequest structures. At that stage, accepted centralized exchanges would gradually suffer marketplace stock to blockchain-based platforms.

In its near-term outlook, Galaxy expects tokenized equities to correspond betwixt 0.7% and 4.6% of US marketplace capitalization wrong the archetypal 2 years of adoption—equivalent to $0.5 trillion to $3.3 trillion.

Under a bullish 10-year scenario, tokenized shares could seizure 40% of the market, worthy astir $50 trillion.

Tokenized Onchain Securities 20-Year Projection (Source: Galaxy)

Meanwhile, the forecasts diverge further implicit 2 decades. A carnivore lawsuit sees tokenization reaching 12% of the US equity market, oregon $29.5 trillion, portion the bull lawsuit envisions arsenic overmuch arsenic 78% penetration oregon an estimated $189.9 trillion.

Interestingly, the steadfast said trading activities could travel a akin trajectory.

In the astir optimistic scenario, Galaxy projects that tokenized equities whitethorn relationship for 93% of each US equity trading volume, fundamentally altering liquidity, colony times, and capitalist access.

The station Galaxy issues shares connected Solana, sees tokenized stocks hitting $190 trillion successful 20 years appeared archetypal connected CryptoSlate.