
The Year Tokenization Went Mainstream
Tokenized equities reached retail in two waves — xStocks in June 2025, Robinhood in July 2026. We indexed every event both venues have ever emitted and replayed the launches side by side.
Field guides for teams building on public chains, written from our own measurements rather than someone else's dashboard. Each one is a free PDF.

Tokenized equities reached retail in two waves — xStocks in June 2025, Robinhood in July 2026. We indexed every event both venues have ever emitted and replayed the launches side by side.

Stablecoins became payment rails. This report covers the data infrastructure they run on, with original analysis measured directly from eight chains.