Tokenized stocks reached roughly $2.3 billion in aggregate onchain value by July 2026, nearly doubling from more than $1 billion in March. The increase highlights growing interest in real-world assets (RWA), which represent traditional assets or related economic claims through blockchain-based tokens. Alongside listed shares such as Nvidia and Tesla, the market includes commodities, ETFs and pre-IPO assets linked to companies including OpenAI, SpaceX and Anthropic. Tokenized products can provide blockchain-based trading and transfer, but their structures differ: a token may represent an underlying share, an economic exposure or another claim rather than direct ownership. Issuers, asset backing, redemption rights and the blockchain used can vary, while different versions of the same company’s shares may trade with different prices, volumes and liquidity. CoinGecko said on September 17, 2026, that its API’s RWA endpoints can be used to screen tokenized stocks, commodities and pre-IPO assets such as OpenAI. The sector could bring more traditional financial products onto public and specialized blockchains, including as collateral or components of other onchain products, but liquidity remains a central issue. The market is still small compared with global traditional equity markets, and future crypto-market growth may increasingly involve tokenized stocks and other RWAs rather than only new coins.