#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww
The Development History of Tokenization in US Stocks: From STO to Modern Model Evolution
Gate News bot message, according to the analysis of @Web3_Mario, the US stock tokenization market has gone through an exploration phase of synthetic asset models and centralized custody models since the concept of STO began in 2017. After stagnating during the Bear Market, the deregulation policies of the Trump administration have brought new development opportunities to the market.
Currently, the total issuance of the US stock tokenization market has reached $445.4 million, with main participants including EXOD and Backed Finance, while Ondo Finance is actively laying out in this field.
The advantages of this market lie in achieving 24-hour trading, providing low-cost US stock investment channels for non-US users, and offering space for financial innovation. At the same time, this field is facing challenges from regulatory policies and the adoption of stablecoins. In the short term, the issuance of on-chain stock tokens by listed companies and high-dividend US stock yield DeFi protocols have become the main development direction.
Source: @Web3_Mario