Data: The market value of tokenized stocks reaches $5.5 billion, driven by the SpaceX IPO entry and exchange expansion

Data shows that the market value of tokenized stocks has grown from $2.23 billion at the beginning of the year to $5.5 billion, an increase of approximately 147% in six months, and it has now become the fourth largest RWA asset class. This growth reflects the rising structural demand among crypto users for exposure to the stock market, with more users wanting to access stock-like assets through on-chain tools rather than relying on traditional brokerage accounts.

Exchanges are also accelerating the layout of related products. Kraken and Bybit have provided access to SpaceX IPO-related entries within their platforms, allowing users to participate in the highly anticipated private company listing opportunities without leaving the crypto ecosystem. Binance has also launched stock perpetual contract products for non-U.S. users, further meeting the global retail demand for on-chain trading of U.S. stock markets.