Tokenized stock transfer volume jumps 415% in 30 days to $29.5B

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Tokenized stock transfer volume surged by 415% in 30 days to reach $29.5 billion in August. Securitize Corp. led individual tokenized stocks tracked by RWA.xyz at approximately $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 accounting for roughly 81% of the market. Coinbase launched its tokenized US stocks on Base on Aug. 24, allowing eligible non-US users to trade these assets around the clock and use them across decentralized finance applications. Bitwise followed a day later with automated portfolios targeting the Magnificent Seven, robotics and artificial intelligence sectors.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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