TechFlow reports, on July 22, a16z crypto stated that transfer activity for tokenized stocks continues to rise. In June 2024, the monthly transfer volume of tokenized stocks reached $9.22 billion, an increase of over 170 times compared to $53 million during the same period last year. This metric covers all on-chain transfer activities, including trading, wallet-to-wallet transfers, and deposits as collateral into decentralized finance protocols.
Although the market size of tokenized stocks remains small compared to the traditional stock market, with the latter's monthly trading volume still at the level of tens of trillions of dollars, the sector continues to expand as more issuers and platforms drive the launch of tokenized stocks.
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