Tokenized Stock Transfer Volume Jumps 105% in a Month to Top $8.41 Billion
Summary
- Tokenized stock transfer volume rose 105% over the past month to $8.41 billion.
- Major platforms including Ondo, xStocks, Securitize and Figure posted sharp gains in circulating value, helping tokenized stocks outpace other asset classes in the RWA market.
- The tokenized stock market has grown 471% over the past year, while traditional finance firms are also moving to build tokenized securities services and tokenized stock trading platforms.
Forecast Trend Report by Period
The tokenized stock market is growing rapidly, with transfer volume more than doubling in the past month.
Tokenized stock transfer volume climbed 105% over the past month to $8.41 billion, according to data compiled by real-world asset platform RWA.xyz and cited by Cointelegraph on July 8. Over the same period, circulating value rose 43% to $2.16 billion, while the number of holders increased 17% to more than 409,000.
Figure posted the biggest gain among major platforms, with circulating value surging 935% over the past 30 days. Securitize rose 332%, while xStocks increased about 62%. Ondo remained the largest platform by circulating value at about $846 million, followed by xStocks at about $708 million, Securitize at about $306 million and Figure at about $239 million.
Tokenized stocks outpaced every other asset class in the RWA market over the same period. Circulating value for tokenized US Treasuries was nearly unchanged, while the overall RWA market grew about 4% to $33.5 billion.
The tokenized stock market has expanded 471% over the past year, rising from about $378 million to $2.16 billion. During SpaceX's recent IPO, Kraken, Bybit and Bitget Wallet used xStocks infrastructure to provide access to tokenized pre-IPO exposure, with investor demand exceeding allocated supply.
Traditional finance is also stepping up its push into tokenization. Earlier in July, Securitize issued tokenized versions of its own shares on the Solana and Avalanche blockchains alongside its listing on the New York Stock Exchange, marking the first such move by a newly listed company. The Depository Trust & Clearing Corp. plans to launch a tokenized securities service in October, subject to regulatory approval. Intercontinental Exchange, the parent of the NYSE, and Nasdaq are also building tokenized stock trading platforms.
