Tokenized Stock Holders Surge to 1.3 Million as Ondo Finance Takes the Lead

Holders of tokenized equities on public blockchains more than doubled to 1.31 million in just a month, according to data from RWA.xyz cited in recent market coverage.

The trading behind this growth is lopsided, with monthly transfer volume for tokenized stocks rising 179% to $23.13 billion, while active wallet addresses touching these tokens climbed 34.6% to nearly 572,000.

Total distributed value, the dollar amount of tokenized shares held rather than just moved around, rose a much smaller 5.9% to $2.38 billion.

Ondo Finance leads the distributed-value ranking with about $872 million, ahead of Kraken's xStocks at $557.8 million and Binance's bStocks at $521.8 million, according to RWA.xyz's figures.