Tokenized equities market surges nearly fivefold year-over-year, driven by crypto platforms offering onchain access to traditional assets.
Blockchain.com has broadened its tokenized stock offerings, capitalizing on a market now valued at $1.57 billion. The move follows a recent launch of a SpaceX-linked perpetual contract for institutional clients, signaling deeper integration between crypto and traditional finance.
Data from RWA.xyz shows tokenized equities grew from $330 million a year ago, with assets including shares of Nvidia, Circle, and Exodus. Competition has intensified as exchanges and wallet providers race to offer onchain access to stocks, ETFs, and private firms.
Binance’s SpaceX tokenized IPO offering drew $557 million in USDC deposits, though several exchanges later canceled similar products due to sector challenges. The rapid expansion highlights both demand and regulatory hurdles in the space.