Onchain tokenized stocks hit record $2.9 billion market cap in August

  • Onchain tokenized stocks reached a record $2.9 billion market capitalization in August.
  • DEX volume rose 19% weekly, while Jupiter’s monthly volume increased 24%.
  • Tokenized-stock market capitalization rose 262% year to date, with another record expected.

The total market capitalization of onchain tokenized stocks reached a record $2.9 billion in August, up 12% from July and 262% since the start of the year. The update also highlighted a 19% weekly increase in DEX trading volume and a 30% rise in holder counts. Jupiter’s monthly volume climbed 24%, with 59% of trading taking place on weekends or outside standard market hours. The update said the tokenized-stock market is expected to set another record high, as stated at https://t.co/eBnM8wEudW.

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