Data: The cumulative trading volume of on-chain tokenized stocks has surpassed $20 billion for the first time, with SpaceX's IPO being the main driving force

According to The Kobeissi Letter, the SpaceX IPO has significantly driven the explosive growth of on-chain tokenized stock trading volume. Data shows that the cumulative transfer trading volume of on-chain tokenized stocks has surpassed $20 billion for the first time.

In the past 30 days, the transaction volume reached $4.3 billion, setting a new historical high with a year-on-year growth of over 140%. After the launch of SpaceX tokenized stock ($SPCX) on June 15, the daily spot trading volume on Solana exceeded $100 million for the first time, reaching a network share of 99% at one point, with Jupiter becoming the platform with the largest trading volume for this asset.