Tokenized Stocks Are Finding a Second Life Inside DeFi

Tokenized stocks are no longer just digital stand-ins for shares. Inside decentralized finance, they are becoming liquidity, collateral and even trading pairs for crypto-native markets.Their total value locked in DeFi protocols jumped 1,961% over the past year to $247.8 million, according to figures published by Token Terminal on Thursday.Binance Research attributes the expansion to a broader set of onchain infrastructure, where lending protocols, smart contracts and markets built around stocks