Tokenized Stock Market Surges 415% to $29.5B in 30 Days

The tokenized stock market has experienced a significant surge in activity over the past month. According to data from RWA.xyz, the monthly transfer volume of tokenized stocks jumped by more than 415% to $29.5 billion. This marks a substantial increase in the adoption and trading of tokenized equities on cryptocurrency platforms.

The number of tokenized stock holders also rose sharply, climbing 167% to 2.36 million over the same period. Meanwhile, the total value of tokenized stocks distributed onchain increased by 1.45% to $2.54 billion, representing a significant growth of 637% from last year's figure.

Securitize Corp. led the individual tokenized stock list with a value of about $163 million, followed closely by Strategy PP Variable xStock at $136 million and Ondo-tokenized Circle Internet Group at $109 million. By platform, Ondo took the top spot with $842.8 million in distributed value, while Kraken's xStocks and Binance's bStocks trailed behind.

The rise in tokenized stock activity coincides with crypto platforms expanding their offerings to include tokenized equities. Coinbase's Base platform recently went live with tokenized US stocks, allowing non-US users to trade these assets around the clock. Bitwise also introduced automated portfolios built from these tokenized stocks, enabling eligible investors to follow preset strategies while maintaining control over their underlying assets.