Tokenized equities hit $3.8B as weekly DEX trading climbs 55-fold

Tokenized equities have reached $3.8 billion in market value as weekly decentralized exchange trading has climbed 55-fold since January, according to DWF Labs. Summary $3.8 billion in tokenized equities represents roughly six times the market’s value in early January. $2.54 billion in weekly DEX trading remained below the report’s $7.26 billion late-August peak. Ondo retained the largest issuer position, while xStocks and Binance each approached $1 billion. $313 million in tokenized equities was deployed in DeFi by Oct. 15, DWF Labs estimated. As per a report shared with crypto.news by DWF Labs, titled The Bright Side: Tokenized Equities, weekly spot trading on decentralized exchanges reached $2.54 billion in the week of Oct. 5, up from $45.8 million in the week of Jan. 5. Tokenized equities trading outpaces growth in asset value Across the same January-to-October period, DWF Labs recorded weekly token transfers rising from $420 million to $17.5 billion, or 41.8 times their starting level. Its market-value estimate rose from $654 million to $3.8 billion, a gain the firm reported as 483%. The report defines transfer volume as movements between blockchain addresses, including trading...