Tokenized stocks market shifts from issuance to distribution; active market cap hits $4B with trading volume surging to $7.9B monthly, signaling maturation of the sector.
RWA & Tokenization ·
The tokenized stocks market has grown to $4 billion in active market capitalization with a 314% year-to-date increase, shifting competitive focus from token issuance to distribution and user retention. Monthly trading volume surged to $7.9 billion in August from $237 million in January, while asset turnover doubled to 2.14x, and bStocks and Robinhood combined captured 82.3% of tracked issuer volume by August. DeFi total value locked in tokenized stocks climbed to $289.1 million, now representing 7.2% of the active market cap, with research indicating that sustained growth depends on platforms' ability to convert users and provide on-chain utility rather than issuance volume alone.