1.31 Million Tokenized Stock Holders, Monthly Transaction Volume Increases by 179%

The number of tokenized stock holders has increased to 1.31 million over the past month. The monthly transaction volume reached $23.13 billion, marking a 179% increase. The number of monthly active addresses for tokenized stocks rose by 34.62%, reaching 572,000. The total decentralized value increased by 5.9% to $2.38 billion. On-Chain Finance recorded the highest decentralized value at approximately $872 million, while Kraken's xStocks reached $557.8 million and Binance's bStocks recorded $521.8 million. Since its launch in June, bStocks has narrowed the gap with xStocks to about $36 million. Securitize holds the largest individual tokenized asset at $145.2 million, and the market is expanding into private markets and pre-IPO products. The decentralized value of SpaceX-related bStocks has increased to $67.9 million since its listing on June 12. According to data from RWA.xyz at the end of July, On-Chain Finance and xStocks account for 72.7% of the decentralized value. Standard Chartered forecasts that on-chain tokenized assets will reach $4 trillion by the end of 2028.

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