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.
