Tokenized stocks have expanded to roughly 15% of the real-world asset market, triple their share at the start of 2026, as retail interest in onchain equity trading accelerates. The sector’s total market capitalization now stands at around $2.8 billion.
Overall RWA transfer volume has also surged, more than doubling in August to about $20 billion from $9 billion in July.
Ondo Finance, Binance’s bStocks and xStocks currently dominate tokenized equities, together accounting for roughly 77% of the market. Ondo leads with about $957 million, followed by bStocks at $622 million and xStocks at $600 million.
These platforms primarily offer synthetic representations designed to track the performance of underlying shares while allowing investors to trade them onchain. By contrast, companies such as Securitize and Superstate are working on structures where actual equity shares are issued on blockchain networks.
Synthetic stocks currently dominate trading activity but generally do not provide the same ownership rights, voting power or shareholder protections associated with directly holding conventional shares.
Overall RWA transfer volume has also surged, more than doubling in August to about $20 billion from $9 billion in July.
Ondo Finance, Binance’s bStocks and xStocks currently dominate tokenized equities, together accounting for roughly 77% of the market. Ondo leads with about $957 million, followed by bStocks at $622 million and xStocks at $600 million.
These platforms primarily offer synthetic representations designed to track the performance of underlying shares while allowing investors to trade them onchain. By contrast, companies such as Securitize and Superstate are working on structures where actual equity shares are issued on blockchain networks.
Synthetic stocks currently dominate trading activity but generally do not provide the same ownership rights, voting power or shareholder protections associated with directly holding conventional shares.