The tokenized stock market reached a record $2.3 billion in market capitalization in mid-July, nearly doubling from $1 billion in March. On July 21, multiple records were set simultaneously: Ondo Finance recorded 514.5 million tokenized shares outstanding and 93,880 holders, Backed Finance reached $579.4 million in market cap, and Robinhood Chain posted 126,720 tokenized shares. Ondo Finance leads the sector with $955 million in onchain equities, while Ethereum dominates blockchain market share at 34%, followed by BNB Chain (30%) and Solana (23%). The sector has nearly doubled in four months, and an Ondo executive projects growth to between $2.5 billion and $3 billion by year-end.
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