Tokenized equity trading hits record $15.6 billion in September
RWA Signal Insight
StocksTokenized equity trading reached a record $15.6 billion in September, marking a 16.4% increase from the previous month and surpassing the prior July peak. Robinhood dominated the sector with $6.57 billion in volume, capturing a 42% market share after a 407% surge in activity. Meanwhile, Binance’s bStocks saw volume decline by 45.5% to $5.42 billion, placing it second in the market. The total market capitalization for tokenized stocks rose 13.7% to $4.87 billion, now representing 14.2% of the broader real-world asset market. While equity trading flourished, other sectors saw mixed results, with tokenized bond and money-market funds falling 8.1% to $17.3 billion. Conversely, private credit and commodities experienced growth, reaching $5.62 billion and $6.43 billion respectively. This shift highlights the increasing institutional focus on blockchain-based securities infrastructure and the evolving composition of the on-chain asset landscape.
Key points
- Tokenized equity trading volume hit a record $15.6 billion in September.
- Robinhood captured 42% market share with $6.57 billion in monthly trading volume.
- Tokenized equity market capitalization grew 13.7% to reach $4.87 billion.
- Securitize leads tokenized equity platforms with $1.62 billion in assets under management.
Background
Tokenized equities represent traditional stock ownership recorded on a distributed ledger, allowing for 24/7 trading, fractional ownership, and faster settlement times. Platforms like Securitize and Ondo facilitate this by bridging legacy financial securities with blockchain infrastructure, enabling investors to hold and trade digital representations of real-world assets.