Tokenized stock holders more than double as monthly volume surges

The number of tokenized stock holders has more than doubled over the past month to 1.31 million, according to RWA.xyz data.Monthly transfer volume surged nearly 180% over the same period to $23.13 billion, while monthly active addresses increased 34.62% to nearly 572,000. The total distributed value of tokenized stocks also rose 5.9% to $2.38 billion.At the time of writing, Ondo leads the market with about $872 million in distributed value, followed by Kraken’s xStocks at $557.8 million and Binance’s bStocks at $521.8 million. BStocks launched in June and is already within roughly $36 million of xStocks in distributed value.According to RWA.xyz, the largest individual tokenized assets by distributed value include Securitize at $145.2 million, Strategy PP Variable xStock at $135.6 million and Ondo’s tokenized Circle shares at $99.7 million. Source: RWA.xyzRelated: Hyperliquid RWA contracts grow to 32% of trading activity in Q2Tokenized stocks push into private marketsThe recent growth in tokenized equities follows a wave of crypto platforms pushing into private-market and pre-IPO products earlier this year, particularly around SpaceX ahead of its June 12 public-market debut.In the m...