According to data from a16z, the market value of tokenized stocks has reached 1.7 billion US dollars, representing a more than fivefold year-on-year increase.

According to data released by a16z Crypto, the market capitalization of tokenized stocks reached approximately $1.7 billion at the end of June, an increase of more than 5 times compared to $329 million one year ago, making it one of the fastest-growing categories among tokenized assets. The market cap of tokenized stocks is influenced by new issuance and fluctuations in the prices of underlying assets. The main driver of growth is the expansion in issuance, with over half of the market cap coming from assets that had not yet been tokenized a year ago, and most of the new balances arriving around mid-year.