Stove chooses to provide a set of permissionless protocol interfaces through open source, non-profit, and zero protocol fee methods, used to map regulated, truly custodial US listed stocks onto the chain in a 1:1 ratio.

The stock tokenization market is entering a new evolutionary stage.
After initial explorations around trading experience and product forms, the industry is beginning to show some deeper underlying signals—stock tokens are no longer just seen as “assets that can be traded on the chain,” but are gradually understood as foundational asset modules that can be repeatedly invoked, combined, and embedded into higher-level financial structures. This new development is highly similar to the early DeFi path from trading to infrastructure.
This path does not focus on optimizing a specific trading scenario but aims to answer a longer-term question: when stocks truly enter the on-chain system, what structure should they exist in to be sustainably used by broader financial applications?
To some extent, the emergence of this protocol paradigm marks the beginning of stock tokenization moving away from the past focus on “products.”