Svmuu News: a16z reported that the market capitalization of tokenized stocks reached approximately $1.7 billion at the end of June, more than five times the $329 million recorded a year ago, making it one of the fastest-growing categories of tokenized assets. Unlike stablecoins, the market capitalization of tokenized stocks is influenced by both new issuances and fluctuations in the prices of underlying assets. However, data shows that growth has primarily stemmed from an expansion in the supply; more than half of the market capitalization comes from assets that had not yet been tokenized a year ago, and the majority of the new balances were added around mid-year, by which time most of the price movements in the underlying stocks had already occurred.