According to rwa.xyz, the tokenized stocks market capitalization reached $5.33 billion as of June 6, up 139% from $2.23 billion on January 1, 2026. Tokenized stocks are blockchain-based tokens that track actual stock prices or stock values, allowing investors to trade stocks directly on digital asset exchanges without traditional brokerage accounts.
Major crypto exchanges including Kraken, Bybit, and Binance have launched tokenized stock products to retain users, with SpaceX pre-IPO investment products attracting significant attention. However, such offerings are restricted in the U.S., Canada, Australia, and the UK due to regulatory constraints.