Galaxy Research is making a bold statement about the future of finance, not just with predictions but with action. The company recently tokenized its own Class A Common Stock on the Solana blockchain, a first for a publicly traded U.S. company. This move underscores Galaxy's conviction that tokenized equities are poised for exponential growth, potentially revolutionizing how investors access and trade securities.
Pioneering On-Chain Equities
In a landmark move, Galaxy became one of the first public companies to tokenize its stock, GLXY, on the Solana blockchain through Superstate, a platform specializing in compliant tokenization infrastructure. This initiative isn't merely a demonstration; it represents actual ownership of Galaxy's common equity for token holders, mirroring traditional brokerage account holdings. With thousands of shares already issued and held by multiple investors, Galaxy views this as a vital blueprint for how other listed companies can enhance market accessibility, liquidity, and overall efficiency in the financial landscape.
The Trillion-Dollar Vision for Tokenization
Galaxy's projections paint an incredibly bullish picture for the tokenized equities market. The firm anticipates that within the next two years, tokenized shares could capture between 0.7% and 4.6% of the U.S. market capitalization, amounting to $0.5 trillion to $3.3 trillion. Looking further ahead, a bullish scenario suggests tokenized equities could command 40% of the market within a decade, reaching nearly $50 trillion. The long-term outlook is even more staggering, with a potential market size of $189.9 trillion within 20 years, representing 78% penetration of the U.S. equity market. This growth is predicated on a "Uniswap moment," where on-chain trading platforms become widely recognized as fairer, faster, cheaper, and safer than legacy financial structures, leading to a significant shift in trading volume, with tokenized equities potentially accounting for 93% of all U.S. equity trading activity.
