Tokenized stock holders more than double as monthly volume surges
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The monthly transaction volume of tokenized stocks reached $8.47 billion, with Securitize leading the pack with $270.6 million in on-chain stock volume.
According to Odaily Odaily, Securitize Corp. currently ranks first among tokenized stocks with an on-chain equity market size of $270.6 million. Its stock ticker, SECZ, began trading on the New York Stock Exchange on July 2nd. On the same day, Securitize tokenized its common stock on its regulated platforms, Solana and Avalanche. The distributed value of the tokenized stock sector reached $1.96 billion, a 31.84% increase in 30 days; monthly transaction volume reached $8.47 billion, a 92.77% increase; the total number of holders reached 403,650, a 17.18% increase; and monthly active addresses decreased by 84.37% year-on-year. (News)
SpaceX's IPO drives record-breaking tokenized stock trading, with on-chain transaction volume reaching $3.86 billion in June.
According to Odaily, driven by the buzz surrounding SpaceX's initial public offering (IPO), the tokenized stock market saw record trading activity in June, with on-chain transaction volume reaching $3.86 billion, a 145% increase from May. Of this, tokenized SpaceX stock accounted for $1.19 billion, representing approximately 31% of the total tokenized stock trading volume in June. Backpack Securities' SPCX token became the most actively traded SpaceX tokenized stock product, with a single-month on-chain transaction volume of $1.08 billion. Data shows that this round of growth was primarily driven by demand for SpaceX-related assets. SpaceX previously completed a record-breaking $75 billion IPO, valuing the company at approximately $1.8 trillion on a fully diluted basis. While traditionally popular assets such as Nvidia, Tesla, the S&P 500 ETF (SPY), and the Nasdaq 100 ETF (QQQ) remained actively traded, none reached the market enthusiasm of SpaceX's tokenized shares. Furthermore, the total market capitalization of tokenized shares rose to $1.53 billion in June, a 6.64% increase from the previous month, marking the 15th consecutive month of growth. (CoinDesk)
Mantle's third tokenized stock, Bending Spoons (BSPx), has officially launched.
According to Foresight News , following the listings of SPCXx and USPXx within weeks of their public offerings, BSPx has officially launched on Mantle. BSPx represents the tokenized stock of Bending Spoons, which owns brands such as WeTransfer, Vimeo, Evernote, and AOL. BSPx is issued by xStocks and is already available for trading on Fluxion. BSPx trades through Fluxion's hybrid infrastructure, where its Atomic RFQ mechanism anchors to real-time market quotes during trading hours to support pricing; meanwhile, the AMM execution mechanism ensures that trading continues uninterrupted after the market closes. BSPx is the third tokenized stock to launch on Mantle in less than a month. SPCXx launched on June 19th, and USPXx on June 23rd. Mantle states that this makes it one of the first L2 networks to be able to tokenize newly listed stocks and bring them on-chain at a traditional market listing pace. Foresight News previously reported that xStocks' xPoints are now available on Mantle. Simultaneously, the Mantle DEX Fluxion is offering an additional 1 million Fluxion Points as a reward to users. Therefore, every eligible BSPx trade can participate in both reward programs: earning xPoints (the native xStocks reward) and sharing an additional 1 million Fluxion Points based on trading volume and liquidity contribution. This reward covers the entire xStocks asset portfolio, including TSLAx, NVDAx, AAPLx, METAx, GOOGLx, MSTRx, SPCXx, USPXx, and BSPx.
Binance bStocks pass xStocks as second-largest tokenized stock issuer
Binance bStocks became the second-largest tokenized stock issuer less than two months after launch, narrowly ahead of Kraken’s xStocks.
*Wintermute To Trade Commodities, Crypto Etfs, Tokenized Stocks Upon Regulatory APPROVAL: BBG
AggrNews News, *Wintermute to Trade Commodities, Crypto Etfs, Tokenized Stocks Upon Regulatory APPROVAL: BBG
Ondo Perps has officially launched, becoming the first perpetual contract platform to support tokenized stocks as margin for derivatives.
ChainCatcher reports that Ondo Perps has officially launched and is now open to non-US investors. As the first perpetual contract platform to support tokenized stocks and stablecoins as collateral for derivatives, Ondo Perps aims to drive the on-chain derivatives market into a new era of capital efficiency. Its core advantages include: tokenized stocks as collateral, eliminating the need to maintain separate cash reserves across multiple platforms; market depth comparable to traditional finance, achieving extremely low spreads and slippage; and execution speed comparable to top-tier crypto CEXs, with real-time processing of order routing, margin updates, and settlement, while ensuring decentralization. Currently, Ondo Perps supports assets including stocks, indices, and commodities such as SPCX, MU, NVDA, TSLA, AAPL, gold, and crude oil, offering leverage up to 20x and providing 24/7 trading for global investors. Ondo Perps is built on Ondo Finance technology, with Ondo Global Markets providing the underlying tokenized stock infrastructure, and a total TVL exceeding $1 billion. Ondo Perps, as the next layer of the ecosystem, enables tokenized assets to not only remain in the holding stage, but also to function as collateral on a unified trading platform.