Tokenized stock transfer volume jumps 415% in 30 days to $29.5B
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Tokenized stock holders more than double as monthly volume surges
Tokenized equities reached 1.31 million holders over the past month, as monthly transfer volume surged 179% to $23.13 billion and distributed value rose 5.9% to $2.38 billion.
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.
Ondo Perps' public beta launch saw $100 million in trading volume within 24 hours.
Odaily Odaily that Ondo Perps achieved a trading volume of $100 million within 24 hours of its public beta launch, with thousands of traders participating since then. Built on Ondo Finance technology, Ondo Perps is a platform that allows users to directly use tokenized stocks and ETF holdings as margin for perpetual contracts, offering non-US investors up to 20x leverage and covering popular assets such as Tesla (TSLA), Nvidia (NVDA), and Apple (AAPL), as well as commodities like gold and silver.
SEC Clears a Path for Tokenized Stocks After Clarity Act Stumbles
The "innovation exemption" lets qualifying venues trade tokenized versions of U.S. stocks on public blockchains without registering as exchanges—though it excludes price-tracking "synthetics" and lets companies block tokenization of their shares.
SEC grants temporary exemption for tokenized US stock trading
The SEC’s Innovation Exemption allows limited tokenized US stock trading on onchain venues with trading caps and transparency requirements.