Tokenized Equities Volume Hits Record $3.4B in June
Tokenized equities saw a record $3.4 billion in volume during June, driven by SpaceX's IPO and growing demand for 24/7 trading. The Solana network now accounts for over 90% of that volume.
Tokenized equities posted a record $3.4 billion in trading volume for June, according to data highlighted by The Kobeissi Letter. This represents a 279% month-over-month increase and a 1,400% year-over-year surge.
The growth was primarily fueled by SpaceX's record IPO and increasing demand for around-the-clock trading. The Solana network now handles over 90% of all tokenized equity volume.
Jupiter, the largest onchain platform globally, drove a significant portion of the activity. It recorded 56% month-over-month volume growth, with approximately 60% of tokenized equity transactions occurring outside regular market hours and on weekends.
Source: The Kobeissi Letter