Tokenized Stock Holders Surge Amid Pre-IPO Frenzy

The number of tokenized stock holders has more than doubled in the past month to 1.31 million, according to RWA.xyz data.

This surge is accompanied by a significant increase in monthly transfer volume, which rose nearly 180% over the same period to $23.13 billion.

Monthly active addresses also increased 34.62% to nearly 572,000, while the total distributed value of tokenized stocks climbed 5.9% to $2.38 billion.

Ondo leads the market with about $872 million in distributed value, followed by Kraken’s xStocks at $557.8 million and Binance's bStocks at $521.8 million.