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a16z crypto: Monthly Transfer Volume of Tokenized Stocks Reaches $9.22 Billion in June, Up Over 170x Year-on-Year

On July 22, a16z crypto stated that transfer activity for tokenized stocks is surging. In June this year, the monthly transfer volume of tokenized stocks reached $9.22 billion, a significant increase from $53 million in June last year, representing a growth of over 170 times. This metric measures all on-chain related activities, including trading, wallet-to-wallet transfers, and deposits of collateral into DeFi protocols. a16z crypto pointed out that compared to the traditional stock market with monthly trading volumes in the trillions of dollars, the tokenized stock market remains relatively small. However, an increasing number of issuers and platforms are listing tokenized stocks, indicating a sustained growth trend in this field.

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