Wu said he learned that DWF Labs data shows that as of July 14, the number of tokenized stock holders has exceeded 464k, up about 3.8 times from January this year, and the on-chain scale of the underlying assets is close to $1.9 billion. By number of holders, the tokenized stock platform xStocks accounts for about 54%, the real-world asset platform Ondo Finance accounts for about 30%, and Robinhood Crypto, which recently launched related business, accounts for about 12%. Together, the three account for about 96%.