Tokenization · The Block
Tokenized equities triple market share as Ondo, Binance and xStocks dominate
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★ Tier-1 Source
Tokenized stock's market share has grown to 15%, up three times from the start of the year.
Key facts
- Ondo sits with the largest slice at $957 million, while bStocks and xStocks command $622 million and $600 million, respectively
- RWA transfer volume has also rocketed, doubling in August to $20 billion, up from $9 billion the month prior
- Tokenized stock's market share has grown to 15%, up three times from the start of the year — This is an excerpt from The Block's Data & Insights newsletter
Summary
RWA transfer volume has also rocketed, doubling in August to $20 billion, up from $9 billion the month prior. Three contenders have emerged in the race to bring stocks onchain. All three leverage synthetic representations of underlying stock.