Tokenized stock transfer volume jumps 415% in 30 days to $29.5B

Tokenized equities saw a sharp rise in onchain activity as active addresses and holders more than doubled over the past month.

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, while the number of tokenized stock holders climbed 167% to 2.36 million over the same period. The total value of tokenized stocks distributed onchain also rose 1.45% over the past 30 days to $2.54 billion, up roughly 637% from $344 million a year ago.

Tokenized stock activity accelerated in August. Source: RWA.xyz

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Source: https://cointelegraph.com/markets/tokenized-stock-transfer-volume-jumps-416-in-30-days-to-295b?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound