Tokenized equities surge: holders more than double as monthly volume tops $23B

Tokenized equities have expanded quickly, with Cointelegraph reporting tokenized stock reached 1.31 million holders over the past month. The same report said monthly transfer volume rose 179% to $23.13 billion and distributed value increased 5.9% to $2.38 billion. CoinRise similarly cited figures showing monthly trading volume topping $23 billion alongside a doubling in holder counts ^{[1] [2]}.

Activity is also concentrated in specific DeFi ecosystems. Crypto Briefing reported that spot DEXs on Solana logged $5.8 billion in trading volume for tokenized stocks, highlighting substantial marketplace activity on the chain. Separately, Crypto Briefing said $111 million of tokenized stocks were deposited across 15 DeFi applications and reported that xStocks holds a 58% share of those deposits [3, 6] ^{[3] [4] [5]}.

Overall, the latest coverage points to simultaneous increases in tokenized-stock participation (holders) and liquidity/turnover (transfer and trading volume), alongside ongoing distribution of deposits across DeFi platforms [5, 1, 3] ^[6].