The market capitalization of tokenized stocks has reached a record high of $1.2 billion, according to data from Token Terminal. This growth was particularly strong in September and December, marking a significant milestone for the emerging market. Token Terminal compared the current state of tokenized stocks to the early days of stablecoins in 2020, suggesting substantial growth potential. Industry experts also liken this trend to the DeFi boom of early 2020, noting the advantages of faster settlement, 24/7 trading, and fractional ownership that tokenized stocks offer.