Tokenized-stock activity posted its strongest growth in the 30 days ending Aug. 29, as monthly transfer volume reached $29.5 billion, up more than 415%, according to RWA.xyz. Monthly active addresses rose more than 209% to approximately 1.3 million, holders increased 167% to 2.36 million and distributed onchain equity value reached $2.54 billion, up 1.45% in 30 days and roughly 637% from $344 million a year earlier. Ondo, Kraken’s xStocks and Binance’s bStocks accounted for approximately 81% of distributed value. Coinbase launched B20 tokens for Nvidia, Apple, Meta and Alphabet on Base on Aug. 24 for eligible non-U.S. users, followed by Bitwise automated portfolios using the same assets. Bybit added tokenized shares as margin-loan collateral in July 2026, while Robinhood-backed decentralized exchange Arcus launched more than 95 stock tokens and perpetual markets on Robinhood Chain. The broader ecosystem also includes Aerodrome pools, DeFi lending applications and continuous onchain trading, although access, custody, compliance and liquidity risks remain material.