Crypto TradFi grows fivefold to $6.6B as exchanges expand into stocks, commodities: Report

A CoinGecko study reveals that the market capitalization of tokenized traditional assets on centralized crypto exchanges surged from $1.4 billion in January 2025 to $6.6 billion by June 2026. This nearly fivefold growth highlights a strategic shift as exchanges like Binance, OKX, Bybit, Bitget, Gate, and MEXC diversify beyond native digital assets to include tokenized stocks, commodities, and precious metals. While tokenized precious metals initially fueled early market expansion, US equity perpetual futures have since become the dominant driver of trading volume and open interest. The report indicates that derivatives account for the vast majority of activity, as traders favor leveraged products and exchanges avoid the complexities of custodying underlying assets. This trend reflects intensifying competition from both decentralized exchanges and traditional brokerages like Robinhood that are increasingly integrating digital asset offerings. The convergence of these sectors underscores a broader institutional movement toward blockchain-based financial infrastructure. Ultimately, this growth signals a significant blurring of lines between traditional finance and crypto-native platforms as they compete for market share in the evolving RWA landscape.