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Tokenized Stock Activity Soars as Adoption Grows
Coinbase’s Base launch and new trading features helped push monthly tokenized stock transfer volume above $29 billion, RWA.xyz said.
- Tokenized stock activity surged over the past 30 days, with monthly transfer volume climbing more than 415% to $29.5 billion, according to data from RWA.xyz. Monthly active addresses rose more than 209% to around 1.3 million.
- Coinbase launched tokenized stocks on Base on Aug 24, allowing eligible non-US users to trade around the clock, while Bybit added shares of Nvidia, Apple, and Tesla as collateral for margin loans.
- Ondo led the market with $842.8 million in distributed value, followed by Kraken at $609.3 million and Binance at $599.9 million. Together, the three accounted for roughly 81% of the market.
- Estimates for the share of tokenized assets used in DeFi range from under 1% to 20%, depending on which datasets and definitions analysts apply. Disagreement persists over market utilization metrics.
- Bitwise launched automated portfolios built from Coinbase's tokenized stocks, targeting the Magnificent Seven and artificial intelligence sectors. Eligible investors can follow preset strategies while keeping assets in self-custody wallets.
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14 Articles
Tokenized Stock Market Activity Surges Over 415% to $29.5 Billion
TLDR: The tokenized stock market generated $29.5 billion in 30-day transfers, rising more than 415%. Active use grew faster than value. Monthly active addresses climbed over 209% to 1.3 million. The holder count advanced 167% to 2.36 million during the same period. Ondo, Kraken xStocks, and Binance bStocks held about 81% of distributed value. Their [...] The post Tokenized Stock Market Activity Surges Over 415% to $29.5 Billion appeared first on…
Tokenized Stock Activity Surges 416% - Is Demand Real?
Key Takeaways Monthly token transfers reached $29.52 billion. Distributed value increased only 1.45%. Holder addresses far outpaced value growth. Three […] The post Tokenized Stock Activity Surges 416% – Is Demand Real? appeared first on Coindoo.
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