Tokenized stock transfers surge 105% in a month to $8.4B
Stocks
Tokenized stock transfers surged 105% over the past month, reaching a total volume of $8.41 billion according to RWA.xyz data. The sector's distributed value climbed 43% to $2.16 billion, while the total number of holders grew 17% to over 409,000. This growth was driven by significant performance from platforms like Figure, which saw a 935% increase in distributed value, and Securitize, which rose 332%. Ondo currently leads the market with $846 million in distributed value, followed by xStocks, Securitize, and Figure. This expansion highlights a shift in investor appetite, evidenced by pre-IPO access offerings for SpaceX shares on exchanges like Kraken and Bybit. Furthermore, Securitize recently issued tokenized shares on Solana and Avalanche, marking a milestone for public company integration. These developments signal a broader trend of traditional financial institutions, including the DTCC and NYSE, actively building infrastructure to compete with crypto-native platforms in the tokenized equity space.
Key points
- ▸Tokenized stock transfers reached $8.41 billion, a 105% monthly increase.
- ▸Ondo remains the largest platform with $846 million in distributed value.
- ▸Securitize issued tokenized shares on Solana and Avalanche for its NYSE debut.
- ▸Total tokenized equity market value grew 471% over the past year.
Background
Tokenization involves creating digital representations of real-world assets on a blockchain, allowing for fractional ownership and 24/7 trading. Platforms like Securitize and Ondo utilize smart contracts to manage compliance, cap table tracking, and dividend distribution for equity holders. This process aims to increase liquidity and reduce settlement times compared to traditional brokerage systems.
Relevance
9/10
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