Tokenized stock trading on-chain surged over the past 30 days, with trading volume reaching $4.3 billion, a monthly record, according to a post by capital markets commentary journal Kobeissi Letter on X. According to PANews, the post said year-to-date on-chain tokenized stock trading volume is up more than 140%.
It added that following SpaceX’s IPO on June 15, tokenized stocks on Solana recorded more than $100 million in 24-hour spot trading volume for the first time. The post said Solana at one point held 99% of the market share, and Jupiter was the largest platform by tokenized SpaceX trading volume.
The post also said cumulative on-chain tokenized stock trading volume surpassed $20 billion for the first time.