a16z crypto said tokenized stock transfer activity surged in June, with monthly transfer volume reaching $9.22 billion, up from $53 million in June last year. According to Foresight News, the metric covers all related on-chain activity, including trading, wallet-to-wallet transfers, and deposits of collateral into DeFi protocols.
a16z crypto said the tokenized stock market remains small compared with traditional stock markets, which generate monthly trading volume of trillions of dollars. It added that more issuers and platforms are listing tokenized stocks, indicating continued growth in the sector.