Tokenized Stock Trading Hits $48.7 Billion, With Uniswap Leading the Charge

Tokenized stock trading on decentralized exchanges (DEXs) has surged to new heights, reaching a staggering $48.7 billion over the past year, according to on-chain data.

This represents an increase of 10,163.7% from the previous 12 months, with Uniswap leading the charge, having traded $17.1 billion across its v3 and v4 pools.

While this growth is impressive, it's essential to note that trading volume alone doesn't guarantee ownership or liquidity in tokenized stocks.

The distributed value of tokenized stocks, as reported by RWA.xyz, stands at $3.2 billion as of October 3, which is a fraction of the overall market size.