BITmarkets Team
Jul 09, 2026
Several of the industry's leading platforms drove much of this growth. Figure recorded the strongest increase, with distributed value surging 935% over the past 30 days. Securitize followed with 332% growth, while xStocks expanded by approximately 62%. Despite the rapid growth elsewhere, Ondo remained the largest tokenized stock platform by distributed value at roughly $846 million, followed by xStocks with $708 million, Securitize with $306 million, and Figure with $239 million.
Tokenized stocks continued to outperform other segments of the real-world asset (RWA) sector. While the value of tokenized US Treasurys, the largest RWA category, remained largely unchanged over the past month, the broader tokenized RWA market grew only about 4% to $33.5 billion.
The tokenized equity market, by comparison, has expanded dramatically over the past year. According to RWA.xyz, its total value has grown from around $378 million to $2.16 billion, representing an increase of approximately 471%.
The sector’s rapid growth has coincided with a wave of new tokenized equity products from both crypto-native companies and traditional financial institutions. During the recent SpaceX IPO, exchanges including Kraken, Bybit and Bitget Wallet used xStocks infrastructure to offer tokenized pre-IPO exposure. Although demand exceeded the available allocation, the offering demonstrated growing investor interest in blockchain-based equity products.
Momentum has also spread to public markets. Earlier this month, Securitize became the first newly listed company to issue tokenized versions of its shares on the Solana and Avalanche blockchains following its debut on the New York Stock Exchange.
Meanwhile, traditional financial institutions continue to accelerate their own tokenization initiatives. In May, the Depository Trust & Clearing Corporation (DTCC) announced plans to launch a tokenized securities service in October after receiving regulatory approval for a three-year pilot program.
Earlier this year, the New York Stock Exchange and its parent company Intercontinental Exchange (ICE) revealed plans for a platform supporting tokenized stocks and exchange-traded funds (ETFs), while Nasdaq partnered with Kraken and infrastructure provider Backed to develop technology connecting traditional equities with blockchain networks.
As competition between crypto-native platforms and traditional exchanges intensifies, ICE CEO Jeffrey Sprecher has called on regulators to allow established exchanges to offer 24/7 onchain perpetual futures, arguing that regulated financial markets should be able to compete directly with crypto-native trading platforms.
Sources:
https://cointelegraph.com/news/tokenized-stock-transfers-surge-105-in-a-month-to-84b