This is exactly the argument that happened when @Backpack launched tokenized securities. The truth is people wont trade them, what people actually want is ownership. You can get exposure onchain already, thru xstocks or ondo, and now robbinhood stocks? The reality is they want redeemability, its why their offerings for $SPCX solana:MUxEsUKSMACyw5fZf68wxf5FLnZVhtU9CwH8uNNGay1 and solana:SNDKbwMUQvZhnLnxLduradgLHG5KrPuKwpnrkkGRhfH are so popular, its why theres actual volume for these vs the others. You actually can trade them for the underlying all within the platform back and forth, they are 1 to 1, no one else can claim this, they simple have exposure.
Tweet Time: 2026-07-02 06:22:22 (UTC+0)
Tweet Price: $1,960.80428
Tweet + 1h Price: $1,949.22702