The tokenized stocks market grew by nearly 400% in one year, with its capitalization reaching several billion dollars according to an analysis by a16z crypto published in July 2026. Monthly on-chain transfer volumes increased by more than 170 times, rising from approximately $53 million to nearly $9 billion. Traditional finance giants such as DTCC, Robinhood, ICE (parent company of the NYSE), Coinbase and Binance have massively invested in this sector. xStocks (backed by Kraken) surpassed $10 billion in cumulative volumes in just 135 days, while Ondo Finance was selected by DTCC alongside BlackRock and Goldman Sachs to co-design the tokenization of US capital markets. This rapid growth is accompanied by a risk of blockchain infrastructure fragmentation, which could limit overall liquidity and complicate interoperability between platforms.
Source: Read the original article
