The Kobeissi Letter|Oct 21, 2026 14:07
Tokenization is accelerating.
There are now over 360 onchain tokenized equity products, up +200% YTD.
10 of these products have exceeded $100 million in tokenized supply.
As we saw this weekend, demand for 24/7 access to equities is rapidly expanding.
In fact, the majority of volume in these tokenized products, at ~60%, is currently taking place outside of regular market hours.
Today, onchain giant Jupiter, a leader in this space, reported a +215% quarter-over-quarter jump in tokenized equity trade count.
We expect more record highs ahead in this space.
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