The market for tokenized equities is moving faster than expected.
Onchain tokenized equity holders have reached a record 1.11 million, up 118% over the last 30 days and roughly 810% YTD.
One of the strongest drivers is trading outside traditional market hours.
@solana processed $1.45B in tokenized equity volume in July, giving it roughly 82% of all tokenized stock trading across blockchains and 97% of cumulative onchain equity spot volume to date.
@JupiterExchange’s off-market trading volume has also grown 360% YTD, with more than 65% of its tokenized equity volume taking place during off-hours and weekends.
The demand is also showing up in the assets being held.
Tokenized Micron and SanDisk have reached roughly $120M and $102M respectively, both ahead of Nvidia at roughly $85M.
The bigger signal is the speed of adoption.
We expected the market to reach 1 million tokenized equity holders by the end of 2026.
It crossed the milestone in early August, nearly five months ahead of expectation.