Key facts
- Tokenized stock transfers surged 105% in one month to $8.41 billion.
- The distributed value of tokenized stocks increased 43% to $2.16 billion.
- The number of holders for tokenized stocks grew 17% to over 409,000.
- Ondo leads tokenized stock platforms with $846 million in distributed value.
- Tokenized equities have grown 471% over the past year.
- Major financial institutions like DTCC, NYSE, and Nasdaq are expanding tokenization efforts.
Tokenized stock transfers have surged by 105% over the past month, reaching $8.41 billion, indicating accelerating activity in on-chain equity markets. The total distributed value in this sector also climbed 43% to $2.16 billion, with the number of holders increasing by 17% to over 409,000, according to data from RWA.xyz.
Growth in tokenized equities has been propelled by major platforms such as Figure, which saw its distributed value surge by 935%, Securitize by 332%, and xStocks by approximately 62%. Ondo remains the largest platform by distributed value, followed by xStocks, Securitize, and Figure.
Tokenized equities have outperformed other segments of the real-world asset (RWA) market, with tokenized U.S. Treasurys showing little change and the broader RWA market growing by about 4% to $33.5 billion. Over the past year, the tokenized stock market has expanded by 471%, from $378 million to $2.16 billion.
The momentum is evident in new tokenized equity offerings, including pre-IPO access for the SpaceX IPO facilitated by Kraken, Bybit, and Bitget Wallet. Securitize, now a publicly traded company on the NYSE, has issued tokenized versions of its shares on the Solana and Avalanche blockchains.
Traditional financial institutions are also intensifying their tokenization efforts. The DTCC plans to launch a tokenized securities service in October, while the NYSE and Intercontinental Exchange are developing a platform for tokenized stocks and ETFs. Nasdaq is collaborating with Kraken and Backed to integrate traditional equities with blockchain networks.