Tokenized stocks’ market cap surpasses $1 billion… monthly trading volume nears $2.2 billion
Summary
- It said the market capitalization of tokenized stocks was tallied at about $1 billion, around $1.02 billion, for the first time on record.
- It said monthly trading volume in tokenized stocks rose 16.43% over the past month to $2.23 billion.
- It said the platform that has issued the most tokenized stocks was Ondo Finance (ONDO), with issuance totaling $605 million.
Forecast Trend Report by Period
The market capitalization of tokenized stocks has exceeded $1 billion for the first time on record.
According to blockchain data analytics firm RWAxyz on the 26th, tokenized stocks’ market cap stood at about $1.02 billion as of that day. This marks a 4.84% increase from a month earlier, and is the first time the figure has topped $1 billion.
Monthly trading volume for tokenized stocks came in at $2.23 billion as of that day, up 16.43% over the past month. The number of tokenized stock holders rose to around 180,000, a 14.62% increase from a month earlier.
The platform that has issued the largest amount of tokenized stocks was Ondo Finance (ONDO). Tokenized stocks issued on Ondo Finance were tallied at $605 million as of that day.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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