The global tokenized stock market reached $2.55 billion in total value locked (TVL, the value deposited in a platform) as of last week, according to CoinMarketCap data cited on September 10. The market had more than 1 million holders, $1.7 billion in on-chain trading volume and 235,000 active traders. bStocks accounted for 26% of TVL but generated 88% of on-chain trading volume, making it one of the market's most active platforms. Ondo held 42% of TVL and represented 2% of trading volume, while xStocks accounted for 32% of TVL and 10% of volume. The distribution indicates that user participation in on-chain stock trading is increasing, with nearly nine-tenths of global tokenized stock volume coming through bStocks.