March saw tokenized stock transfers soar to $2.87 billion, a record increase of over 80%, while the RWA sector continues to grow.
In March, the volume of tokenized stock transfers hit a historic high of $2.87 billion, reflecting an impressive increase of over 80% in just 30 days. The overall value of Real World Asset (RWA) securities also rose, reaching $942 million, which is a 2.65% uptick compared to the previous month.
The number of individuals holding tokenized stocks has now exceeded 200,000, marking a 16.82% growth in the last month. Active addresses in this segment totaled 95,755.
Market Concentration
The Ondo project dominates the market, managing $560.9 million in assets. Following Ondo are xStocks with $243.5 million and Securitize at $58.4 million.
Among tokenized assets, Circle Internet Group leads with a total valuation of $143.5 million, while Exodus Movement and Tesla xStock are also noteworthy, valued at $58.4 million and $48.78 million, respectively.
The total valuation of the RWA market stands at $27.5 billion, with tokenized assets seeing a 1.4% increase in value over the past month. Ethereum remains the leading platform for these assets, accounting for 56% of the total value at $15.4 billion, followed by BNB Chain at 12.7% ($3.5 billion) and Solana at 7.27% ($2 billion).
U.S. Treasury bonds represent the most sought-after financial instrument in RWA form, nearing $13 billion in total value. The RWA sector is increasingly integrating with traditional finance, highlighted by the New York Stock Exchange's recent partnership with Securitize to enable 24/7 trading of this asset class. Furthermore, the SEC has granted Nasdaq approval to trade digital assets, with plans to launch a dedicated platform in collaboration with Kraken by early 2027.
As Aave co-founder Stani Kulechov noted, the convergence of decentralized finance (DeFi) and traditional finance is becoming more evident.