# Tokenized stock holders double as monthly volume surges

Monthly transfer volume jumps 179% to $23.13 billion

- **Source:** [Cointelegraph.com News](https://brifing.si/source/2e81e982-0137-4db0-8ac2-351f37085775)
- **Published:** 2026-08-15
- **Topic:** [Finance](https://brifing.si/c/finance)
- **Original article:** <https://cointelegraph.com/news/tokenized-stock-holders-double-to-13m-as-activity-grows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound>
- **On Brifing:** https://brifing.si/s/3f2b322b-2bf3-4e38-bbf1-ed3e23dc2cb6

## Surge in tokenized stocks

The number of tokenized stock holders doubled in the past month, reaching 1.31 million. Monthly transfer volume surged 179% to $23.13 billion, while total distributed value increased 5.9% to $2.38 billion. According to RWA.xyz data, monthly active addresses also grew by 34.62%. Ondo leads the market with $872 million in distributed value.

## Platform market shares

Kraken's xStocks ranks second with $557.8 million, while Binance's bStocks, launched in June, is third with $521.8 million. bStocks has narrowed the gap with xStocks to just $36 million. Among individual tokenized assets, Securitize leads with $145.2 million. Strategy PP Variable xStock follows with $135.6 million, and Ondo's tokenized Circle shares are valued at $99.7 million.

## SpaceX effect

The growth in tokenized stocks was triggered by crypto platforms pushing into private market products ahead of SpaceX's June 12 IPO. Binance, Coinbase, Kraken, Bybit, Bitget and Blockchain.com offered SpaceX-linked products. However, Binance, Bybit and Bitget Wallet had to cancel their tokenized SpaceX IPO campaigns after xStocks failed to secure enough underlying shares.

## SpaceX tokenization

Despite failed pre-IPO allocations, exposure to SpaceX through Binance's bStocks has reached $67.9 million in distributed value since the company's June 12 listing. This ranks seventh among individual tokenized assets tracked by RWA.xyz data. Before the IPO, Binance's campaign had attracted $557 million in demand.

## Global tokenization trend

The growth in tokenized stocks is part of the broader expansion of real-world asset tokenization. Standard Chartered predicts this market could reach $4 trillion by the end of 2028. Increasing interest in private market and pre-IPO products is accelerating the migration of traditional financial assets to blockchain. Tokenization enhances liquidity and global access.

## Platform competition

Competition between Ondo, Kraken and Binance is shaping the tokenized stock market dynamics. bStocks' rapid catch-up to xStocks reflects Binance's aggressive growth strategy in the market. Platforms are focusing on private market products to offer new opportunities for traditional investors. However, challenges in underlying asset procurement can limit growth.

## Investor profile

Interest in tokenized stocks is growing among both retail and institutional investors. 572,000 active addresses indicate broad market participation. Pre-IPO products are particularly attractive for investors seeking high returns. However, canceled campaigns highlight regulatory and operational challenges in this space.

## Future outlook

Tokenization is expected to increase its share in financial markets. The migration of private market assets to blockchain is transforming traditional finance by enhancing liquidity and transparency. However, platforms need to improve underlying asset procurement and regulatory compliance to succeed. Tokenization has the potential to democratize financial access.

## Sources covering this story

- https://cointelegraph.com/news/tokenized-stock-holders-double-to-13m-as-activity-grows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
