Tokenized Equities Growth Heats Up With 140% Market Capitalization Rise

Tokenized equities are on the rise, with active market capitalization growing more than 140% in just two years. According to a recent report from Bitget, this growth is not solely due to listing stock-backed tokens but rather execution quality, liquidity, and infrastructure.

The report highlights that traditional brokerage products have been eclipsed by new offerings such as Stock+ and Reality rTokens. The latter provides tokenized equity exposure that can be traded with stablecoins, transferred to compatible wallets, and integrated into selected crypto workflows.

Unlike traditional products, rTokens can move beyond exchange trading into supported DeFi applications, giving users additional flexibility while maintaining more than 100% reserve backing with independent daily attestations. Retail traders have been driving early growth, accounting for $1.11 billion, or 95.1%, of total spot volume between June 2 and July 19.

Activity accelerated during July, with average daily volume rising from $17.9 million in June to $33.8 million. Semiconductors-related assets dominated trading activity, representing 46.6% of total rToken volume, followed by technology stocks at 34.3%. Bitget's report argues that pricing alone doesn't determine execution quality.

The exchange recorded the lowest median bid-ask spread and deepest top-of-book liquidity for every asset tested across five benchmark markets. This competitive edge increasingly comes from execution conditions rather than product design alone.