Tokenized stock transfer volume jumps 415% in 30 days to $29.5B
Tokenized stock activity surged in the past 30 days. Monthly transfer volume jumped more than 415% to $29.5 billion, active addresses rose over 209% to about 1.3 million, and holders increased 167% to 2.36 million. The total onchain value of tokenized stocks climbed to $2.54 billion, up 1.45% in the month and about 637% year over year. Ondo, Kraken’s xStocks, and Binance’s bStocks dominated the market, accounting for roughly 81% of distributed value. The largest tracked assets were Securitize Corp., Strategy PP Variable xStock, and an Ondo tokenized version of Circle. The growth coincides with more crypto platforms adding tokenized equities. Coinbase launched tokenized US stocks on Base for eligible non-US users, Bitwise introduced portfolios built from those tokens, and other venues expanded their use as collateral and in perpetual markets.
