SpaceX IPO Sends Tokenized Stock Volume to Record $3.86B

Tokenized stock on-chain transaction volume reached $3.86 billion in June, up 145% from May, driven by SpaceX IPO hype. Tokenized SpaceX stocks accounted for $1.19 billion, or about 31% of June volume. Backpack Securities' SPCX token recorded $1.08 billion in single-month on-chain trading volume. The total tokenized stock market capitalization rose to $1.53 billion in June.
SPCX-1.27%
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