Tokenized stocks—this segment has recently started to accelerate noticeably.

Over the course of one month, the number of holders doubled directly to 1.31 million. Monthly transfers surged 179%, reaching $23.13 billion. Active addresses also grew by 34.62%, approaching 572,000.

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What’s even more worth watching is the asset distribution scale—it only increased by 5.9% and is currently about $2.38 billion.
In other words, the user base and trading activity are running much faster than the asset size. Big money hasn’t flowed in at large scale yet, but “people” and “trading habits” are already starting to migrate.

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Among the major players, Ondo currently leads with $872 million, xStocks has $557.8 million, and bStocks has already reached $521.8 million.

bStocks launched only in June; within two months, its scale is almost catching up to xStocks. This pace shows that exchange traffic and ready-made user entry points are very important in this race for tokenized stocks.

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I increasingly feel that the real incremental growth in tokenized stocks may have just begun.
The 1.31 million holders already prove that there are people willing to trade stocks on-chain. Next, what we need to see is whether the $23.1 billion trading activity can continue to convert into a truly settled—i.e., sustained—asset base. #大漠茶馆 $ONDO