Algorand Blockchain Leads Tokenized Stocks with $354M Valuation AllinCrypto May 7, 2025
The Algorand network is the most used blockchain for tokenizing existing traditional stocks, according to data from RWA.
Compared to Ethereum, XRP Ledger, and Gnosis, Algorand trumps them all, netting $354M in tokenized stocks, bringing them onchain for crypto traders.
Algorand comes in 4th for general real-world asset tokenization, leading the way with tokenized travel tickets, real estate, precious metals, and carbon credits.
Algorand dominates tokenized stocks with Exodus (EXOD)
The Algorand network is the most used blockchain network for tokenized stocks. Exodus, a web3 wallet and trading platform, is a publicly traded company. The firm’s EXOD stock has been brought onchain, via Algroand.
Crypto traders are able to acquire shares of EXOD on Algroand. On other networks, users will be able to find Coinbase’s COIN stock on Etheruem, Nvidia, and Tesla.
Exodus is the main and largest tokenized stock on Algorand, making up most of the network’s tokenized stock value. Etheruem has a wider range of stocks available, but that may soon change as tokenization gains in popularity.
The power of RWA tokenization lies in its ability to blend simplicity with sophistication. At its core, it’s a straightforward digital representation of real-world value. Yet, this simple idea opens doors to complex financial structures and innovative business models.
Tokens such as ONDO from Ondo Finance aim to become powerhouses for tokenization, bringing real-world assets onchain in partnership with institutional players such as BlackRock and banking groups.
Algorand Tokenization: A Quick Rundown on the Network’s Capabilities
Algorand’s existing tokenized selection means the network is overall more than capable of facilitating and onboarding additional organizations and stocks.
On Lofty, a dApp on Algorand, users are able to invest in fractionalized shares of real estate property, making real estate investments readily accessible to crypto traders.
Partnered with Air Europa, Viva Aerobus, and Flybondi, TravelX is tokenizing real travel tickets and letting users trade them on a traceable, immutable ledger. Turning tickets into non-fungible tokens can streamline the travel experience.
TravelX has also developed RmX, a post-booking solution to help airlines maximize revenue for high-demand flights, utilizing the Algorand blockchain.
Another dApp, Kobibank, allows businesses and financial institutions to tokenize their assets easily alongside cross-border solutions from the US to multiple LATAM countries.
The Future of RWA Tokenization on Algo
Algorand’s network can be utilized for dozens of real-world use cases. Most recently, the network was used to create a Universal Chess Passport in partnership with World Chess.
The chess passport can hold a player’s total ratings, titles, and credentials for online and offline chess. Algorand was joined by World Chess and chess grandmaster Evgenij Miroshnichenko to discuss the innovation.
Meanwhile, on May 5, Lofty co-founder announced that the platform became fully profitable, promising to provide real-estate tokenization on Algorand heading into the near future, aiming to bring greater profitability to users.
From Jerry Chu:
as a financial product, your success is basically 100% correlated to the success of your customers. If they are making more money using the platform, they will use it more.
Take a look at our recent interview with Algorand Foundation CEO Staci Warden.
The post Algorand Blockchain Leads Tokenized Stocks with $354M Valuation first appeared on AllinCrypto.
