Svmuureports that data shows the market capitalization of tokenized stocks has grown from $2.23 billion to $5.5 billion since the beginning of the year, an increase of approximately 147% in six months, making it the fourth largest RWA asset class.
This growth reflects a rising structural demand among crypto users for stock market exposure, with an increasing number of users seeking to access equity-like assets through on-chain tools rather than relying on traditional brokerage accounts.
Exchanges are also accelerating the rollout of related products. Kraken and Bybit have already integrated SpaceX IPO-related access points on their platforms, allowing users to participate in the highly anticipated listing of the private company without leaving the crypto ecosystem. Binance has also launched stock perpetual contract products for non-U.S. users, further meeting global retail demand for on-chain trading of U.S. stock markets. (The Block)