SpaceX IPO drives record tokenized stock trading in June

Deep Tide TechFlow news: On July 8, according to CoinDesk data, in June the on-chain tokenized stock trading volume rose 145% month-over-month to $3.86 billion, setting a record high. It was mainly driven by a surge in demand for SpaceX tokenized stocks. In that month, trading volume for SpaceX-related tokenized stocks reached $1.19 billion, accounting for about 31% of the total tokenized stock trading volume.

Among them, the SPCX token issued by Backpack Securities led the market with $1.08 billion in trading volume, followed by xStocks’ SPCXx token with $852 million. In June, the tokenized stock sector’s market capitalization hit a record high of $1.53 billion, achieving 15 consecutive months of growth. Previously, SpaceX completed a $75 billion IPO, the largest public offering in history, with a fully diluted valuation of approximately $1.8 trillion.

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