Tokenized stock trading volume hits $1.11B as tech stocks plunge

Trading activity across tokenized equities climbed nearly 5% as SanDisk, Nvidia and other semiconductor stocks suffered sharp losses on Wall Street. Tokenized stock trading volume reached $1.11 billion over the past 24 hours on Thursday as a sharp selloff in technology and semiconductor stocks spread across traditional and blockchain markets. According to Castle Labs data sourced from CoinGecko, trading activity increased approximately 4.7% from $1.06 billion in the previous daily snapshot, with 250 tokenized stocks representing a combined market value of $2.92 billion. SanDisk recorded the largest trading volume among individual tokenized stocks, with its bStocks token generating $79.7 million over 24 hours, up approximately 62% from $49.1 million in the previous snapshot, according to the Castle Labs figures. Other heavily traded assets included tokenized SpaceX shares with $38.9 million, Circle with $32.5 million, Alphabet with $31.8 million, Nvidia’s Robinhood token with $28.1 million, and Micron’s bStocks token with $27.5 million. The increase coincided with a broad selloff in semiconductor and AI infrastructure stocks. SanDisk plunged more than 17%, Micron declined over 12%, ...