Tokenized stock transfer volume jumps 415% in 30 days to $29.5B
Tokenized equities saw a sharp rise in onchain activity as active addresses and holders more than doubled over the past month.
Tokenized stock transfer volume soared 415% within a month, reaching $29.5 billion, according to RWA.xyz data. Active addresses and holders more than doubled over the same period, up 209% to nearly 1.3 million addresses and 167% to 2.36 million holders. The total value of tokenized stocks distributed onchain surged 1.45% to $2.54 billion, up 637% from $344 million a year ago.
The leading tokenized stocks by value were Securitize Corp. at $163 million, Strategy PP Variable xStock at $136 million, and an Ondo-tokenized Circle Internet Group at $109 million. Ondo platform led with $842.8 million in distributed value, followed by Kraken’s xStocks and Binance’s bStocks. The increase in activity coincides with crypto platforms rolling out new methods for investors to trade, hold, and utilize tokenized equities onchain.
Coinbase introduced tokenized US stocks on Base on Aug. 24, enabling eligible non-US users to trade around the clock and use them in decentralized finance applications. Bitwise followed with automated portfolios based on Coinbase’s tokenized stocks, targeting the "Magnificent Seven," robotics, and artificial intelligence sectors.
Other platforms, like Bybit and Robinhood-backed DEX Arcus, expanded tokenized stock usage for collateral and perpetual markets.
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