On-Chain Tokenized Stock Trading Hits $38.6B in June, Up 145% MoM on SpaceX IPO Wave

SPCX-3.63%
SPCXX-3.72%
According to CoinDesk, on-chain tokenized stock trading volume reached $38.6 billion in June, up 145% month-over-month and marking an all-time high. SpaceX's completion of a record $75 billion IPO in June drove the surge, with its tokenized shares accounting for $1.19 billion, or 31% of total tokenized stock trading volume. Backpack Securities' SPCX token led with $1.08 billion in trading volume, followed by xStocks' SPCXx at $852 million.
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