Tokenized Stocks Surge as Holders Reach 1.31 Million

The number of tokenized stock holders has more than doubled in the past month to 1.31 million, according to data from RWA.xyz.

This surge is accompanied by a significant increase in monthly transfer volume, which has risen nearly 180% to $23.13 billion over the same period.

Monthly active addresses have also seen growth, increasing by 34.62% to nearly 572,000.

The total distributed value of tokenized stocks rose 5.9% to $2.38 billion.

Ondo leads the market with about $872 million in distributed value, followed closely by Kraken's xStocks at $557.8 million and Binance's bStocks at $521.8 million.