Over $300M in tokenized stocks deposited into DeFi, up 2,451%
Summary
Over $300 million in tokenized stocks have been deposited into decentralized finance (DeFi) protocols, marking an increase of 2,451.5% over the past year. Leading this trend, STRCx accounts for $46.7 million in deposits, followed by FWDI with $21.5 million and SPYx at $16.2 million. This surge reflects a market trend where users are moving beyond merely holding tokenized stocks to engaging actively in DeFi yield strategies, seeking increased returns through opportunities such as lending and trading pools. These tokenized equities are fully compliant, backed 1:1 by real shares, allowing for on-chain use without synthetic risk.
Tokens
$STRCx$FWDI$SPYx
Analysis
FWDI: FWDI is a tokenized representation of Forward Industries Inc. common stock issued on Solana by Backpack Securities, enabling 24/7 on-chain trading and 1:1 redemption for traditional shares transferable to brokerages. The product integrates with Solana DeFi applications such as lending markets and liquidity pools. It appears in the news as a top tokenized stock by DeFi deposits, highlighting adoption for yield generation on holdings. SPYx: SPYx is a tokenized equity under the xStocks platform that tracks the SPDR S&P 500 ETF Trust (SPY) with 1:1 backing by custodian-held shares, available on multiple chains including Solana and Ethereum. It supports fractional ownership, continuous trading, and use as collateral or in liquidity pools within DeFi. The news positions SPYx among leaders in tokenized stock deposits into DeFi, driven by interest in earning yield via lending and rate markets. STRCx: STRCx is a tokenized equity product under the xStocks framework that provides 1:1 economic exposure to Strategy Inc.’s Variable Rate Series A Perpetual Stretch Preferred Stock listed on Nasdaq as STRC. Issued by Backed Assets, the token allows on-chain trading, self-custody, and integration with DeFi protocols while dividends are automatically reinvested through rebasing. In the news, STRCx leads tokenized stock deposits into DeFi, reflecting user demand for yield opportunities through lending and trading pools. Market Trend: Users of tokenized traditional equities are shifting from simple holding to active participation in DeFi yield strategies across lending and trading venues. Product Structure: Major tokenized equity issuers structure products for full regulatory compliance with 1:1 backing by real shares held in custody, enabling on-chain composability without synthetic exposure. Yield Opportunities: Tokenized stocks are increasingly deposited into DeFi protocols to generate additional returns through lending, liquidity provision, and yield trading markets.
Categories
cryptorwadefion_chain_whale
Related sources
- https://www.theblock.co/news/defi/2025-12-18-leading-solana-treasury-forward-industries-tokenized-fwdi-stock-superstate-383210
- https://tokenterminal.com/resources/newsletter/tokenized-strategy-stock-works-like-an-unsponsored-adr-today
- https://tokensoft.com/analytics/strcx/
- https://cryptobriefing.com/strategy-strcx-tokenized-equity-158-million-market-cap/
- https://solanacompass.com/tokens/fwdi
- https://messari.io/project/sp500-xstock
- https://cryptoguidegh.com/tokenized-stocks-defi-strcx-leads-with-17-6m-deposit-surge/
- https://www.gate.com/news/detail/PENDLE/pendle-holds-25-of-strcx-largest-tokenized-equity-in-defi-25049407
- https://www.coinbase.com/en-ca/price/strategy-pp-variable-xstock-solana-bac52fbd
- https://learn.backpack.exchange/blog/tokenized-forward-industries-fwdi
- https://opensea.io/token/spyx?toChain=solana&toAddress=XsoCS1TfEyfFhfvj8EtZ528L3CaKBDBRqRapnBbDF2W
- https://defillama.com/rwa/asset/STRCx
- https://cryptobriefing.com/spyx-defi-deposits-tokenized-sp500/
- https://www.signalplus.com/crypto-news/detail/strategy-strcx-largest-tokenized-stock-158m?lang=en-US
- https://superstate.com/assets/fwdi
- https://castlelabs.io/research/tokenized-stocks
- https://cryptobriefing.com/xstocks-55-percent-strategy-tokenized-stock/
- https://solanacompass.com/news/forward-industries-tokenized-fwdi-stock-lists-on-sunrise-via-backpack-securities-redeemable-11-for-real-shares
- https://cryptobriefing.com/spyx-tokenized-etf-market-cap-growth/
- https://stocknas.com/en/stock/STRC
- https://app.rwa.xyz/assets/STRCx
- https://epicchain.io/blog/strategy-pp-variable-xstock-coin-strcx
- https://defillama.com/rwa/asset/SPYx
- https://app.pendle.finance/trade/markets/0x8ce3a13852d13e0e991c677a8c6137584e2b7635/swap