Tokenized stock holders more than double as monthly volume surges

Tokenized equities witnessed a significant surge in monthly activity, with the number of tokenized stock holders more than doubling to 1.31 million over the past month. This growth was accompanied by a substantial increase in monthly transfer volume, up 179% to $23.13 billion, and a 5.9% rise in the distributed value of tokenized stocks to $2.38 billion.

Ondo leads the market with a distributed value of $872 million, followed by Kraken’s xStocks and Binance’s bStocks. Despite initial enthusiasm for tokenized SpaceX exposure, Binance, Bybit, and Bitget Wallet had to cancel their campaigns due to insufficient underlying shares, resulting in refunds for subscribers. Nonetheless, tokenized equities are gaining traction as part of the broader expansion of real-world asset tokenization, which could reach $4 trillion by the end of 2028.

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