Gold leads tokenized stocks and commodities to record valuation in December
Tokenized shares and commodities reached peak valuations, on a mixture of rising token provide and rising market costs. Shares and commodities are nonetheless the smallest class in tokenized RWAs, however have been rising actively previously months.
Tokenized shares and commodities reached peak valuations, primarily based on Token Terminal information. Asset tokenization stays one of many development narratives in 2025, with extra platforms searching for so as to add their very own normal of shares.
Tokenized commodities reached $3.7B in December, principally primarily based on the efficiency of gold. Tokenized shares hover round $808M. Tokenized commodities principally depend on Tether’s gold-backed tokens for his or her development. Tether additionally set the business normal for gold reserves.
Regardless of the latest fast growth of silver, there’s hardly any illustration of the valuable metallic amongst tokenized belongings.
Tokenized shares are the latest development, displaying fast development previously months. | Supply: Token Terminal
Tokenized shares are tougher to account for in full, resulting from a number of requirements and platforms. Ondo stories round $368M in tokenized shares. XStocks stories round $300M in tokens, excluding the market cap of Chainlink (LINK).
Different markets additionally exist, with numerous approaches to tokenization. Nevertheless, in 2025, Ondo and XStocks tokenized shares become business leaders.
Tokenized shares attain a wider circle of traders
Tokenized shares are displaying document adoption, primarily based on the addition of recent wallets. Whereas stablecoins make the majority of tokenized RWAs, extra wallets are transferring into commodities, shares, funds, and personal credit score.
The homeowners of tokenized shares grew in 2025, along with rising adoption of tokenized commodities. | Supply: RWA.xyz
The entire of 2025 confirmed quickly increasing possession of varied tokenized asset lessons. Pockets homeowners expanded to over 571K, nonetheless a fraction of legacy stablecoin holders. Nevertheless, tokenization is proving to be an enduring development with rising infrastructure.
XStocks solves bridging
One of many issues with inventory tokenization is how company occasions akin to splits and dividends are mirrored on-chain.
Just lately, XStocks launched XBridge, which may shift shares between Solana and Ethereum. Whereas easy tokens are bridged each day, tokenized inventory bridging might pose challenges because of the other ways of reflecting company occasions.
Introducing the xBridge
xStocks can now transfer freely throughout chains. With @chainlink’s CCIP as its cross-chain infra, the xBridge connects Solana to Ethereum and extra, the primary bridge to protect rebasing for tokenized equities.
The longer term is open, composable, and omnichain. pic.twitter.com/x1zD436500
— xStocks (@xStocksFi) December 12, 2025
The bridge is step one to launching XStocks on a number of chains, whereas preserving the precise worth and options of every tokenized share.
Tokenized shares are one of many drivers of Solana adoption. Just lately, inventory tokenization grew to become the fastest-growing asset on Solana, displacing earlier stars like meme tokens.
Competitors is coming from different platforms, as with Robinhood’s inventory tokenization on Arbitrum. General, tokenized shares are rising their enchantment, after a protracted season of betting on tokens with no intrinsic backing.
Inventory tokenization additionally permits worldwide merchants a lot simpler entry to US equities. In 2025, worldwide traders aimed to faucet the expansion of US corporations, creating tensions on the authorized standing of tokenized belongings.
Among the obtainable tokenized shares are permissionless, whereas others are tied to totally vetted, KYC accounts on centralized exchanges.
