Tokenized stock transfer volume jumped 415% over the past 30 days to $29.5 billion, according to data from RWA.xyz. Monthly active addresses rose 209% to about 1.3 million, while the number of tokenized stock holders increased 167% to 2.36 million during the same period.
The total on-chain value of tokenized stocks reached $2.54 billion, up 1.45% in the last month and 637% from $344 million a year ago. Activity accelerated notably in August.
Securitize Corp. led individual tokenized stock issuance with $163 million, followed by Strategy PP Variable xStock at $136 million and an Ondo-tokenized version of Circle Internet Group at $109 million. By platform, Ondo distributed $842.8 million in tokenized stocks, while Kraken’s xStocks and Binance’s bStocks recorded $609.3 million and $599.9 million, respectively. The three platforms accounted for roughly 81% of the market.
Crypto platforms have expanded tokenized equities offerings, enabling new trading and usage methods. Coinbase’s tokenized US stocks launched on Base on August 24, allowing eligible non-US users to trade assets around the clock and integrate them into decentralized finance applications. The B20 tokens include shares of Nvidia, Apple, Meta and Alphabet, and can be held in self-custody wallets.
Bitwise introduced automated portfolios built from Coinbase’s tokenized stocks on August 25, enabling eligible non-US investors to follow preset strategies while retaining underlying assets in their own wallets. Initial portfolios targeted the Magnificent Seven, robotics and artificial intelligence sectors.
Other platforms have also deepened tokenized stock integration. Bybit added tokenized shares of Nvidia, Apple, Tesla and others as collateral for margin loans in July, while Robinhood-backed DEX Arcus launched over 95 stock tokens and perpetual markets on Robinhood Chain.
