Tokenized stocks reach 15% of RWA market, tripling from start of year

Tokenized stocks have expanded their share of the real-world asset market to 15%, tripling from the start of the year, with market capitalization reaching about $2.8 billion, The Block reported. In the tokenized stock market, Ondo Finance (ONDO), Binance’s bStocks and Kraken unit xStocks account for 77% of the total market, with market capitalizations of $957 million, $622 million and $600 million, respectively. Meanwhile, RWA transfer volume rose from $9 billion in July to $20 billion in August, more than doubling in a month.