Monthly Volume Jumps as Tokenized Equity Holders Exceed 123% Growth
Holders of tokenized equities experienced a massive 123.62% increase during the previous month, reaching 1.31 million participants, as monthly transfer volumes jumped 179.26% to hit $23.13 billion, data from RWA.xyz reveals.
Participants holding tokenized equities have experienced growth exceeding double their previous numbers throughout the last month, reaching a total of 1.31 million, based on data provided by RWA.xyz.
Transfer volume on a monthly basis experienced a dramatic increase of nearly 180% during this identical timeframe, climbing to $23.13 billion, as monthly active addresses saw growth of 34.62% to approach 572,000. Additionally, the aggregate distributed value associated with tokenized equities climbed 5.9% to reach $2.38 billion.
As of this publication, Ondo maintains its position at the forefront of the market with approximately $872 million in distributed value, with Kraken's xStocks following at $557.8 million and Binance's bStocks positioned third at $521.8 million. Since its June launch, bStocks has already closed the gap to approximately $36 million behind xStocks in terms of distributed value.
Data from RWA.xyz indicates that the top individual tokenized assets measured by distributed value are Securitize at $145.2 million, Strategy PP Variable xStock at $135.6 million and Ondo's tokenized Circle shares valued at $99.7 million.
Tokenized stocks push into private markets
This latest expansion in tokenized equities comes on the heels of numerous crypto platforms making moves into private-market and pre-IPO offerings earlier this year, with particular focus on SpaceX in advance of its June 12 public-market launch.
During the months preceding the public listing, multiple platforms including Binance, Coinbase, Kraken, Bybit, Bitget and Blockchain.com introduced various products connected to SpaceX, with offerings spanning from tokenized pre-IPO access to perpetual futures and proxy tokens.
Notwithstanding the unsuccessful pre-IPO allocations, tokenized exposure to SpaceX via Binance's bStocks has expanded to $67.9 million in distributed value following the company's June 12 public listing, securing the seventh position among individual tokenized assets according to RWA.xyz tracking data.
This expansion in tokenized equities occurs alongside a wider growth trend in real-world asset tokenization, a market segment that Standard Chartered projects could reach $4 trillion in value by the conclusion of 2028.
