Tokenized stocks grew from 1.4% to over 15% of total RWA market cap year-over-year.
RWA & Tokenization ·
Tokenized stocks have expanded their footprint within the real-world assets market over the past year, growing from approximately 1.4% to over 15% of total RWA market capitalization between July 2025 and July 2026. The shift reflects broader adoption of blockchain-based equity instruments alongside traditional crypto assets in the RWA ecosystem.
On-chain volume metrics underscore the acceleration. Monthly trading volume surged from $117 million in July 2025 to $3.4 billion in June 2026—a roughly 30-fold increase across the twelve-month span. This growth rate suggests tokenized stocks are capturing meaningful transaction flow within the RWA category.
The dynamics driving this expansion remain partially uncharted. Whether the gains reflect new capital entering tokenized equities, migration from other RWA segments, or shifts in how market participants measure total RWA value has not been clarified in available reporting. The trajectory nonetheless indicates tokenized stocks are establishing a more prominent role in on-chain asset markets.