Tokenized Equity Holders Up 449% YTD, Solana Dominates
The number of onchain tokenized equity holders surged 449% year-to-date and 73% month-over-month, reaching over 670,000. Solana accounts for 85% of volume, and Jupiter's routed volume jumped 300% YTD as 68% of recent trades occurred during weekends and off-hours.
The tokenized equity market is expanding rapidly onchain. According to data cited by The Kobeissi Letter, the number of unique holders of tokenized equities now exceeds 670,000, representing a 73% increase from the prior month and a 449% surge year-to-date.
Solana has emerged as the dominant blockchain for this activity, capturing 85% of all onchain tokenized equity volume. The growth is being turbocharged by a shift toward 24/7 trading. Jupiter, a key routing platform for tokenized assets, has seen its routed volume rise 300% year-to-date. Over the past 30 days, roughly 68% of the platform's volume was executed during weekends and after market hours, underscoring growing demand for round-the-clock price exposure.
The trend highlights a broader move away from traditional market hours and toward always-on, permissionless trading venues.
Source: The Kobeissi Letter