On-Chain Tokenized Stocks Reach $20 Billion in Cumulative Trading Volume, Driven by SpaceX IPO
On June 17, the capital market commentary journal Kobeissi Letter posted on platform X, stating that SpaceX is driving a surge in tokenized asset trading. In the past 30 days, the trading volume of on-chain tokenized stocks reached $4.3 billion, setting a new monthly record and growing over 140% year-to-date. Following the SpaceX IPO on June 15, the 24-hour spot trading volume of tokenized stocks on Solana surpassed $100 million for the first time, with Solana at one point capturing 99% of the market share, and Jupiter becoming the platform with the highest trading volume for tokenized SpaceX stocks. The cumulative trading volume of on-chain tokenized stocks has surpassed $20 billion for the first time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Loop Industries to Evaluate Alternatives, India Joint Venture Financing
Phoenix Education Partners to Acquire Workforce Transformation Platform Fuel50
Miami International Holdings Insider Sold Shares Worth $819,188, According to a Recent SEC Filing
Dell Technologies Inc. Cl C Stock Advances 4.5%, Outperforms Market
Crypto prices
More
