Tokenized Stocks See Record-Breaking Growth with 415% Transfer Surge
The tokenized stock market has seen an unprecedented surge in activity over the past month. According to onchain analytics from RWA.xyz, monthly transfer volume for tokenized equities rose by more than 415% to $29.5 billion.
This growth is not limited to just transfers; the number of active addresses increased by over 209% to approximately 1.3 million, and the total number of holders grew by 167% to 2.36 million.
The total value of tokenized stocks distributed onchain has also seen significant growth, reaching $2.54 billion, a 637% increase from the same time last year.
Ondo, Kraken, and Binance collectively account for roughly 81% of distributed value in the RWA.xyz dataset.