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SpaceX’s IPO boosts tokenized stock trading to record highs, with on-chain trading volume reaching $386 million in June.
BlockBeats news, July 8 - Driven by SpaceX's record-breaking IPO, on-chain tokenized stock trading volume increased by 145% month-over-month in June, reaching $3.86 billion, a new all-time high. Among them, the trading volume of tokenized SpaceX stock SPCX reached $1.19 billion, accounting for 31% of the total tokenized stock trading volume for the month.
The SPCX token issued by BlackRock Securities had a trading volume of $1.08 billion, making it the most active product in the market, while SPCXx issued by xStocks saw a trading volume of $852 million.
In June, the total market capitalization of the tokenized stock market rose to $1.53 billion, up 6.64% month-over-month, achieving growth for the 15th consecutive month. Although popular targets such as Nvidia and Tesla remained actively traded, market attention has clearly shifted toward SpaceX.