Tokenized Equity Trading Volume Hits Nearly $3 Billion

Tokenized equity trading volume reached nearly $3 billion in August, with Robinhood Chain, BNB Chain, and Solana handling most activity.

The growth remains concentrated in trading rather than broader financial activity, according to Grayscale's analysis. Only about 5% of the tokenized equity market is deployed in onchain finance, although total value locked has surpassed $110 million.

Grayscale identified Jupiter and Kamino as Solana lending venues, while Uniswap, Pancakeswap, and Raydium provide trading infrastructure for tokenized equities.

The next phase depends on whether tokenized stocks gain wider use as collateral and lending assets rather than remaining trading instruments.