UPDATED SAT 17 OCT · 14:32 UTCLIVE
CryptoHigh

Tokenized Strategy Shares Near $500M Onchain

Tokenized versions of MicroStrategy/Strategy stock are approaching $500M in combined onchain market cap, with multiple issuers building onchain distribution infrastructure.

What we know

@saylor retweeted Token Terminal data showing STRCx at $148.5M, MSTRx at $116.3M, MSTRb at $100.7M, and STRCon at $62.1M — totalling close to $430M across tokenized versions of Strategy's common and preferred stock. This signals growing institutional appetite for onchain exposure to traditional equity wrappers, a theme that spans both the crypto trading and crypto general feeds.

Sources

@saylor

“Tokenized versions of Strategy's common & preferred stock are approaching $500M in onchain market cap”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.