Tokenized equities transfer volume surged 180% to $23.13 billion in one month, while holder count doubled to 1.31 million. The SpaceX IPO in June 2026, valuing the company at $75 billion, served as a major catalyst by pushing onchain equity volume to a record $3.86 billion. Active addresses climbed 34.62% to approximately 572,000, signaling growing adoption of onchain equity trading. Total distributed value across the sector reached $2.38 billion, with Ondo leading at $872 million, followed by Kraken’s xStocks at $558 million and Binance’s bStocks at $522 million. Transfer volume is nearly ten times the sector’s market capitalization, indicating a major role for leverage, derivatives, and high-frequency repositioning.
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