
Why Liquidity Matters for Tokenized Stocks
Tokenized stocks recently launched onchain. While the direction is promising, early models reveal deep structural issues: limited liquidity, wide spreads, and persistent price dislocations. Here’s why: Market Depth Is Severely Limited One tokenized version of AAPL, for example, recently had just $195 of depth before incurring 2% slippage, with spreads at 0.64%. At one point,…