Tokenized stock activity surged over the past month, with monthly transfer volume jumping more than 415% to $29.5 billion, according to RWA.xyz.
Monthly active addresses climbed 209% to around 1.3 million, while the number of tokenized stock holders increased 167% to 2.36 million. Total distributed value reached $2.54 billion, up roughly 637% from $344 million a year ago.
By platform, Ondo leads the market with $842.8 million in distributed value, followed by Kraken’s xStocks at $609.3 million a...
The value of tokenized real-world assets (RWAs) on the Stellar network has surged about 360% in 2026, rising from $868.8 million at the end of last year to nearly $4 billion as of Aug. 29.
The market is concentrated among a handful of issuers. Spiko leads with about $1.55 billion, followed by Realiz at $559 million, Tradable at $548 million, Franklin Templeton at $546 million and Ondo at $535 million.
Stellar has also gained traction in non-US government debt, with roughly $490 million tokenized...