a16z: Tokenized stock market capitalization reached about $1.7 billion, up more than 5x from a year ago

PANews July 21, citing data released by a16z Crypto, the market value of tokenized stocks reached about $1.7 billion at the end of June, up more than 5x from $329 million a year earlier, making it one of the fastest-growing categories among tokenized assets. Unlike stablecoins, the market value of tokenized stocks is influenced by both new issuance and fluctuations in the price of underlying assets; however, the data shows that most of the growth came from expansion in issuance—more than half of the market value comes from assets that had not yet been tokenized a year ago, and most of the newly added balances entered only after the underlying stock prices had largely finished their rise.
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