UAE: 31% of Global Tokenized Stocks via Binance bStocks
Charles d'Haussy highlighted UAE data showing Binance bStocks issued under AD Global Market represent 31% of worldwide tokenized stock value at USD 1.0B, with 59% of trading volume on 15 October.
SourceAnalysis
Charles d'Haussy posted data from AliceCrypto3 showing the UAE already leads global tokenized stock issuance. Binance bStocks under AD Global Market account for USD 1.0B of the USD 3.27B total, or 31%. On 15 October that market captured 59% of tokenized stock trading volume. Dubai property deeds have traded on secondary markets since February, with USD 0.2B transferable via CtrlAltco, prypcocom and Stake. DMCC Authority and Tokinvest tokenized a 1.97-tonne silver bar under the DMCC and varadubai framework. DDSCAI, official_zand and RAKBANK approved dirham stablecoins, which are not yet reflected in RWA aggregates.
Charles d'Haussy | dYdX
@charlesdhaussyCEO @dYdXfoundation - Crypto Derivatives, DeFi & Governance / ex. ConsenSys & .gov.hk