In a recent report, Grayscale highlighted five altcoins that appear well-positioned to benefit from the rise of tokenized stocks within traditional finance. These blockchains, namely Ethereum (ETH), Solana (SOL), Avalanche (AVAX), BNB Chain, and Canton Network, are identified as being at the forefront of this promising trend.
The rise of tokenized stocks represents a significant turning point in how financial assets are managed and traded. According to Grayscale, this innovation is beginning to transform the landscape of traditional markets by integrating blockchain functionalities. Through its research note, the company emphasized how certain blockchains could take advantage of this evolution and identified three key models that support this change.
Tokenization Models
According to Zach Pandl, head of research at Grayscale, tokenized stocks can be classified into three main models. The first, known as the wrapper model, consists of the issuance of a token that represents shares held in a specific legal structure. This model currently dominates the market, representing over 70% of the value of tokenized stocks.
Wrapped tokens thus allow investors to gain exposure to the price without directly holding the shares, creating an appeal for retail investors interested in decentralized finance. Furthermore, the recent growth of products related to tokenized stocks has attracted new capital to the markets, increasing interest in platforms like Ethereum, Solana, and BNB Chain, which concentrate the majority of tokenized assets.
Title Transfer on the Blockchain
The second model focuses on the transfer of existing titles to the blockchain through regulated circuits, an initiative aligned with the broader trend of tokenization of traditional assets. Grayscale mentions the pilot project of the DTCC (Depository Trust & Clearing Corporation) on Canton Network, which is particularly promising. This project received a no-action letter from the Securities and Exchange Commission of the United States, allowing for a planned launch in real-world conditions in the first half of 2026. The numbers speak for themselves: the DTCC managed securities transactions amounting to $3.7 trillion in 2024, highlighting the enormous potential of this market.
Stocks Directly on the Blockchain
The last model mentioned by Grayscale allows companies to issue shares directly on the blockchain. This model was recently illustrated by Securitize, the first publicly traded company to have tokenized its own shares directly on the blockchain during its listing on the NYSE. SECZ shares were launched on Avalanche and Solana from day one, marking a significant advancement in the integration of digital assets into traditional financial markets.
This movement towards tokenization thus seems promising and could sustainably transform the financial landscape, promoting broader adoption of altcoins and increasing their appeal to different types of investors. For a deeper analysis of the implications of these developments, you can refer to other resources such as this article on promising altcoins or the impact of crypto in 2025 here.
