Tokenized stock transfers jump 415% to $29.5B in 30 days

Tokenized stock transfer volume climbed 415% over the past 30 days to $29.5 billion, according to data from RWA.xyz. Monthly active addresses increased about 209% to roughly 1.3 million, and the number of tokenized stock holders rose 167% to 2.36 million.

RWA.xyz recorded the total value of tokenized stocks distributed onchain at $2.54 billion, up 1.45% over the same 30-day period and about 637% from $344 million a year earlier. Platform distribution was concentrated: Ondo held $842.8 million, Kraken’s xStocks had $609.3 million and Binance’s bStocks had $599.9 million. Combined, those three platforms accounted for about 81% of the distributed value.

Among individual tokenized equity offerings tracked by RWA.xyz, Securitize Corp. was largest at roughly $163 million. Strategy PP Variable xStock followed at $136 million, and an Ondo-tokenized version of Circle Internet Group stood at about $109 million.

Activity accelerated in August as several crypto firms expanded product access and onchain use cases. On Aug. 24, Coinbase made its tokenized U.S. stocks available on the Base layer, allowing eligible non-U.S. users to trade those tokens around the clock and to use them with decentralized finance applications. The B20 token set includes shares of companies such as Nvidia, Apple, Meta and Alphabet and can be held in self-custody wallets onchain.

On Aug. 25, Bitwise launched automated portfolios built from Coinbase’s tokenized stocks, offering preset strategies that keep the underlying tokens in investors’ wallets. Initial portfolios target large-cap technology names known as the Magnificent Seven and include themed strategies for robotics and artificial intelligence.

Other platform changes include Bybit’s July decision to accept tokenized shares as collateral for margin loans and a trading venue launching more than 95 stock tokens and perpetual markets on the Robinhood Chain.

Tokenized stocks record traditional equity positions as digital tokens on public ledgers. They allow continuous trading sessions, interaction with decentralized finance protocols and self-custody storage. RWA.xyz’s figures provide a snapshot of market size, concentration and recent growth, while exchange and asset manager rollouts have added new ways for investors to trade, hold and use tokenized equities.