Monthly transfer volume for tokenized stocks surged over 415% to $29.5 billion in the past 30 days. According to data from analytics platform RWA.xyz, monthly active addresses in the stock-crypto crossover sector rose by more than 209%, reaching around 1.3 million wallet addresses.
The number of tokenized stock holders climbed 167% to 2.36 million user entities over the same period. The total value of tokenized stocks in the on-chain ecosystem edged up 1.45% in 30 days to $2.54 billion. That $2.54 billion market cap represents a jump of roughly 637% compared to the same period a year ago, when it stood at just $344 million.
24/7 Stock Access on the Base Network
On August 24, Coinbase launched trading services for tokenized U.S. stocks on the Base Layer-2 network. The offering allows eligible non-U.S. users to trade free from traditional market hours, operating 24 hours a day.
Through B20 tokens, Base wallet holders can invest in shares of Nvidia, Apple, Meta, and Alphabet. Users can hold B20 tokens directly in self-custody crypto wallets, removing the need for third-party custodians.
On August 25, just one day after Coinbase’s rollout, asset manager Bitwise introduced an automated portfolio product. Bitwise’s investment product is built using tokenized stock baskets from Coinbase, targeting allocations to the ‘Magnificent Seven’ stocks, robotics firms, and the artificial intelligence (AI) industry.
Aggressive Moves from Bybit and Arcus
In July, crypto exchange Bybit also listed tokenized stocks of Nvidia, Apple, Tesla, and several other U.S. companies. Bybit enables these stock-backed tokens to be used as collateral for client margin loans.
In the decentralized exchange (DEX) space, the Robinhood-backed Arcus platform launched over 95 tokenized stock variants to the crypto market. The Arcus DEX also introduced perpetual markets for these real-world equity assets using Robinhood Chain infrastructure.
A New Model for Cross-Border Trading
The multibillion-dollar transfer volume in tokenization highlights a shifting investment trend toward on-chain rails. Investors gain the dual benefit of holding fractional stakes in high-value companies while tapping into crypto liquidity without market closing hours. Reported by Cointelegraph.
Read also: What Is DeFi (Decentralized Finance)?
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
