Tokenized stock holdings rose to 1.31 million holders in the past month, while monthly transfer volume increased 180% to $23.13 billion and active addresses grew 34.62% to 572,000, according to RWA.xyz. The total distributed value of tokenized stocks climbed 5.9% to $2.38 billion. Ondo led the market with about $872 million in distributed value, followed by Kraken’s xStocks at $557.8 million and Binance’s bStocks at $521.8 million. BStocks, launched in June, reached roughly $36 million less than xStocks in distributed value. The largest individual tokenized assets included Securitize at $145.2 million, Strategy PP Variable xStock at $135.6 million, and Ondo’s tokenized Circle shares at $99.7 million, the data showed. Platforms such as Binance, Coinbase, Kraken, Bybit, Bitget and Blockchain.com introduced tokenized exposure to SpaceX ahead of its June 12 public‑market debut. Binance’s campaign that attracted $557 million was canceled after xStocks failed to secure sufficient underlying shares, resulting in refunds for subscribers. Binance, Bybit and Bitget later halted tokenized SpaceX IPO campaigns for similar reasons. Since the June 12 listing, Binance’s bStocks grew to $67.9 million in distributed value, ranking seventh among tracked tokenized assets. The expansion of tokenized equities aligns with a broader rise in real‑world asset tokenization, which Standard Chartered projects could reach $4 trillion by the end of 2028.