Tokenized Stock Transfers Surge 105% to $8.4B

Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Tokenized stock transfers surged 105% in a month to $8.4B, while the market cap grew from roughly $378M to $2.16B over the past year — a ~471% gain — per RWA.xyz data.
- Tokenized equities outperformed other real-world asset segments: tokenized US Treasurys were essentially flat month-over-month, while the broader tokenized RWA market grew only about 4% to $33.5B.
- Securitize became the first newly public company to issue tokenized versions of its shares on the Solana and Avalanche blockchains as it debuted on the New York Stock Exchange earlier this month.
- DTCC announced in May it will launch a tokenized securities service in October after receiving regulatory approval to operate on pre-approved blockchains under a three-year pilot.
- NYSE and Intercontinental Exchange unveiled plans for a platform to trade tokenized stocks and ETFs, while Nasdaq partnered with Kraken and infrastructure firm Backed to link traditional equities with blockchain networks.
- Kraken, Bybit, and Bitget Wallet used xStocks infrastructure to offer tokenized pre-IPO SpaceX access; the article notes customer demand exceeded the available share allocation.
Why it matters: Tokenized stocks have moved from crypto-native experimentation into a parallel Wall Street infrastructure buildout. Securitize's NYSE-debut tokenization, DTCC's October launch, and ICE/Nasdaq's competing platforms mean both crypto-native and TradFi players are now racing to own the rails — with ICE CEO Jeffrey Sprecher already urging regulators to allow 24/7 onchain perpetual futures from regulated venues.




