Tokenized stock activity surges 415% in 30 days as crypto platforms expand offerings
Quick Look
- Tokenized stock transfer volume rose over 415% to $29.5 billion in the past 30 days, with monthly active addresses increasing 209% to 1.3 million and holders growing 167% to 2.36 million, according to RWA.xyz data.
- The surge follows new tokenized equity offerings on platforms like Coinbase Base, Bitwise, Bybit, and Arcus, expanding access for non-US investors and use cases in decentralized finance.
AI-generated summary
Why It Matters
Tokenized stocks represent traditional equities issued on blockchain networks, enabling 24/7 trading and use in decentralized finance applications. Recent growth reflects increasing integration between traditional finance and crypto platforms.
Tokenized stock activity surged over the past 30 days, with monthly transfer volume climbing more than 415% to $29.5 billion, according to data from RWA.xyz.
Monthly active addresses rose more than 209% to around 1.3 million, while the number of tokenized stock holders climbed 167% to 2.36 million over the same period. The total value of tokenized stocks distributed onchain also rose 1.45% over the past 30 days to $2.54 billion, up roughly 637% from $344 million a year ago.
Tokenized stock activity accelerated in August. Source: RWA.xyz
Securitize Corp. was the largest individual tokenized stock tracked by RWA.xyz at about $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 led with $842.8 million in distributed value, followed by Kraken’s xStocks at $609.3 million and Binance’s bStocks at $599.9 million. Together, the three accounted for roughly 81% of the market.
Related: Arcus launches tokenized perp positions on Robinhood Chain
Tokenized equities move deeper into crypto platforms
The surge in activity comes as crypto platforms introduce new ways for investors to trade, hold and use tokenized equities onchain.
On Aug. 24, Coinbase’s tokenized US stocks went live on Base, allowing eligible non-US users to trade the assets around the clock and use them across decentralized finance applications. The B20 tokens include companies such as Nvidia, Apple, Meta and Alphabet and can be held in self-custody wallets.
Source: Base
A day later, Bitwise launched automated portfolios built from Coinbase’s tokenized stocks, allowing eligible non-US investors to follow preset strategies while keeping the underlying assets in their own wallets. The initial portfolios target the “Magnificent Seven,” robotics and artificial intelligence sectors.
Other platforms have also expanded how tokenized stocks can be used. In July, Bybit added tokenized shares of Nvidia, Apple, Tesla and other US companies as collateral for margin loans, while Robinhood-backed DEX Arcus launched more than 95 stock tokens and perpetual markets on Robinhood Chain.
What to Watch
AI outlook — possibilities, not facts
Tokenized stock transfer volume will continue to grow over the next 3 months as more platforms launch similar products
Likely · Within months
Open Questions
- What regulatory frameworks govern tokenized stocks in different jurisdictions?
- How do returns on tokenized stocks compare to traditional equity holdings?
- What security measures protect investors holding tokenized assets in self-custody wallets?
