Odaily News: CZ responded to discussions about the "Memestock" model on the X platform, stating that the combination of Memecoin and tokenized stocks is an "innovative and interesting" development, but the key lies in whether issuers have the ability to honor their commitments.It is reported that some community users have shared their views on the "Memestock" trend, which combines Memecoin with tokenized stocks, allowing Memecoin holders to receive tokenized stock returns without any additional actions. This model introduces new utility value to Memecoins that previously lacked practical use cases, and the related innovations are currently concentrated mainly in the BNB Chain ecosystem.In response, CZ said: "This is indeed a new and interesting direction. But we need to ensure that issuers can truly fulfill their obligations."Some community users believe that the combination of Memecoin and Real World Asset (RWA) tokenization is exploring a shift from purely community-driven assets to digital assets with yield or equity attributes. However, tokenized stocks involve issues such as underlying asset custody, compliant issuance, and income distribution. The credibility of issuers and the regulatory framework will be key factors determining whether this model can achieve long-term development.

Odaily News According to RWAxyz data, the total on-chain value of tokenized stocks has surpassed $1 billion. Ondo Finance and Backed Finance's xStocks platform dominate the majority of the market share for tokenized stock issuance and trading. Among them, Ondo Finance holds approximately 58%, and xStocks holds about 24%, forming an early duopoly structure in the industry. (Cointelegraph)

Odaily News According to data from on-chain tracking platform Lookonchain, the cumulative trading volume of Bitget's tokenized stocks has reached $1 billion. Notably, the single-month trading volume for December 2025 already accounts for 89.1% of Ondo's global market share.

According to a recent report from Animoca Research, tokenized stocks are becoming a key development trend in the global crypto market. Gate Exchange has already taken the lead in this area, launching dedicated trading zones for xStocks and Ondo. With a strong focus on this sector, Gate Exchange has consistently led the world in trading volume, becoming a key driver of the tokenized asset market. According to the report, as of September 6, 2025, the market capitalization of tokenized stocks has reached $127 million (excluding EXOD), a 14-fold increase year-to-date. Major market participants include Backed (xStocks) and Ondo Global Markets, with a combined market share of 95%.

Odaily News: Gate is continuously expanding its institutional service capabilities, supporting access to liquidity for tokenized stocks and ETFs through the Ondo Global Markets and Talos platforms. Institutional users can complete trading and management on the Talos side and participate in trading Ondo tokenized stocks via Gate's liquidity, enabling more efficient asset allocation and execution.In terms of liquidity, Gate's peak daily trading volume in the TradFi trading field has exceeded $20 billion. The platform has long maintained industry leadership in the coverage of related asset categories and trading activity, continuously strengthening its liquidity advantage in multi-asset derivatives and structured trading scenarios.Institutional business is one of Gate's core strategic focuses, providing multi-asset trading and fund management services to hedge funds, market makers, and professional trading institutions. In BeInCrypto's "2026 Best Institutional Crypto Trading Platforms Ranking," Gate was rated "Best for institutional trading," achieving the top overall ranking.