Tokenized Stocks Surpass 1.3M Holders Amid Surge in Activity

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

This significant growth comes alongside a surge in monthly transfer volume, which increased nearly 180% to $23.13 billion, while monthly active addresses rose 34.62% to almost 572,000.

The total distributed value of tokenized stocks also rose 5.9% to $2.38 billion, with Ondo leading the market at around $872 million in distributed value, followed closely by Kraken's xStocks and Binance's bStocks.