- Activity in the tokenized equity space increased in August.
- The monthly volume of transfers of such shares increased by more than 415% to $29,5 billion.
According to RWA.xyz, activity in the tokenized security space surged in August. This boosted monthly transfer volume by more than 415% to $29,5 billion. The number of active addresses increased by 209% over the month to nearly 1,3 million, while the number of their holders increased by 167% to 2,36 million.
Source: RWA.xyz
The total value of tokenized shares distributed on the blockchain has grown by 1,45% over the past month to $2,54 billion. This is 637% more than a year ago, when this figure reached $344 million.
The largest company to issue such shares, with a turnover of approximately $163 million, was Securitize Corp., in second place was Strategy PP Variable xStock with $136 million, followed by the tokenized version of Circle Internet Group on the Ondo platform with a turnover of $109 million.
Ondo leads in terms of distributed value with $842,8 million, followed by Kraken 's xStocks with $609,3 million and Binance 's bStocks with $599,9 million. These three platforms account for 81% of the total market.
Previously edited Happy Coin News Reported, that in one month the number of tokenized share holders has more than doubled.
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