The tokenized equities market is booming at an almost unbelievable pace, with its total market value climbing by an incredible 790% year over year as of Oct. 12, according to research by Grayscale.

But the boom won’t automatically lift coins like Solana (SOL -2.87%), and much to investors’ chagrin, the same is true for many other blockchains that are leading this emerging segment in terms of their tokenized value. In other words, getting some upside from this monster trend requires knowing a few not-so-obvious facts, so let’s dive in and get you up to speed.

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Tokenized stocks are already a major point of competition in crypto

A tokenized stock is a crypto token that represents or tracks a real company’s…