Stocks are now the growth engine of RWAs.

Tokenized stocks went from about $0.7B in January to $3B in September. The wider RWA market is at $38B, up 50% this year. Stocks already make up roughly 8% of it.

bStocks launched in late June and is already around $0.8B. That is about a quarter of the whole sector, and it is the most transferred tokenized stock on chain.