Tokenized Stocks Soar to $29.5B in 30 Days

The tokenized stock market experienced a significant surge in activity over the past 30 days. According to data from RWA(dot)xyz, the monthly transfer volume reached $29.5 billion, a gain of more than 415% from the prior period. This growth came alongside a wave of new product launches that expanded what investors can do with tokenized stocks once they hold them.

Monthly active addresses rose more than 209% to approximately 1.3 million, while the number of tokenized stock holders climbed 167% to 2.36 million. The total value of real-world assets (RWAs) distributed on-chain in equities reached $2.54 billion over the period, up 1.45% in 30 days.

The concentration among a small number of platforms shows how early movers captured market share as the category grew. New entrants are now competing not only on which stocks they list but on how those stocks can be used, particularly within decentralized finance (DeFi) applications.