Svmuu News: a16z crypto reported that the monthly transfer volume of tokenized stocks reached $9.22 billion in June of this year, an increase of more than 170 times compared to the $53 million recorded in June of last year. This metric measures all related on-chain activity, including trades, transfers between wallets, and the deposit of collateral into DeFi protocols.
a16z crypto noted that while the tokenized stock market remains small compared to the traditional stock market, which sees monthly trading volumes in the trillions of dollars, an increasing number of issuers and platforms are launching tokenized stocks.