Bitget's rToken tokenized stock product has demonstrated impressive momentum: within just five weeks of launch, assets under management have surpassed the $100 million mark. This surge comes amid a broader boom in the entire tokenized securities industry, which is confidently transitioning from pilot projects to one of the fastest-growing market segments.
Key Driver — Interest in SpaceX
According to my data, since June 2, the total trading volume of rToken has reached $671.37 million, with an average daily turnover of $19.75 million, peaking at $56.16 million. The main magnet for traders has been tokenized exposure to SpaceX: rSPCX accounts for 23.51% of all platform assets — the largest digitized security. It is followed by rCSCO (17.75%) and rNVDA (13.38%).
This surge in interest coincided with a rise in the entire tokenized stock market. In June, its turnover reached $3.4 billion for the first time: monthly growth was 279%, and annual growth was a staggering 1400%. Key catalysts were the hype around SpaceX and the possibility of 24/7 trading, which is unavailable on traditional exchanges.
Tokenized Stock Trading Gains Momentum
The tokenized stock market, according to RWA.xyz estimates, is already worth approximately $1.82 billion. Over the past 30 days, this figure has grown by 26%. Trading activity is growing even faster: monthly transaction volume reached $8.79 billion — 88% more than a year ago. The number of holders also increased by 16%, reaching 414,000.
However, user dynamics appear contradictory. The number of active addresses decreased by about 75% over the month, despite the growth in value and number of transactions. This indicates capital consolidation among large players, rather than a mass influx of retail investors.
Such growth opens broader access to equity instruments through blockchain. Traders can now hold and trade digital stock shares outside standard sessions, blurring the lines between traditional finance and cryptocurrencies.
My conclusion: The success of rToken is not just a local success for Bitget, but a signal of the maturity of the entire RWA sector. Stock tokenization is becoming a bridge between DeFi liquidity and the stability of traditional markets. However, the decline in active addresses hints that this is still a game for institutions, not retail. Keep an eye on this trend — it will redefine the structure of investments.