Holders of distributed tokenized assets reached an all-time high of 3.67 million, according to real-world asset tracker RWA.xyz.
Tokenized stocks did nearly all the lifting. They account for 80.58% of distributed asset holders, leaving every rival category far behind.
Stocks Dwarf Every Other Tokenized Asset Class
Stocks accounted for 2.96 million of the total. Commodities ranked a distant second, at roughly 332,000, followed by asset-backed credit at roughly 91,000 and active strategies at roughly 81,000.
US Treasury debt counted close to 73,000 holders despite anchoring the sector by value. Real estate held about 15,000, and venture capital fewer than 1,500.
Follow us on X to get the latest news as it happens
The gap reflects how fast equity tokenization has scaled since platforms started bringing blue-chip listings onchain. Tokenized stocks alone now span 5,246 individual assets worth $2.89 billion, a 14.03% gain in 30 days.
Overall, the represented asset value across all tokenized assets reached $386.92 billion, up 3.63% over the past month. Distributed value grew far more slowly, rising 1.54% to $39.15 billion.
A Wider Base, Thinner Trading
The holder boom sits beside the slower activity data. Tokenized stockholders grew 159.31% in 30 days, yet monthly transfer volume fell 50.96% to $13.14 billion.
Monthly active addresses dropped 48.36% to 760,339 over the same stretch. More people now hold these tokens. Fewer appear willing to trade them.
That chill has spread to decentralized venues, too. Real-world asset perpetual volume fell 13.5% to $122 billion in August, down from a record $141 billion in July.
Ondo leads platforms by value at $860 million, ahead of xStocks at $631.2 million and bStocks at $627.5 million. Robinhood holds $133.2 million across 189 assets, as its chief executive pushes for US access to tokenized equities.
Whether that widening base converts back into volume is the question the coming weeks should settle.
Subscribe to our YouTube channel to watch leaders and journalists provide expert insights
https://youtu.be/R0HBU_1d65oRead the Original story Tokenized Stocks Now Have Nearly 3 Million Holders, But Trading Volume Halved by Kamina Bashir at beincrypto.com