The rToken product from Bitget, launched just five weeks ago, has already surpassed the $100 million mark in total assets attracted. This is not just another successful launch — it is a clear signal that demand for tokenized securities in the industry has entered a phase of exponential growth. Tools that seemed experimental just yesterday are now shaping one of the fastest-growing market segments.
SpaceX — the main catalyst for demand
Since June 2, the total trading volume of rToken has reached $671.37 million, with an average daily turnover of $19.75 million and a daily peak of $56.16 million. The key driver of interest has been tokenized exposure to SpaceX: rSPCX accounts for 23.51% of all platform assets — making it the largest digitized security. It is followed by rCSCO (17.75%) and rNVDA (13.38%).
This surge coincided with a general rise in the tokenized stock market. In June, its turnover reached $3.4 billion for the first time: monthly growth was 279%, and annual growth was 1400%. The main reasons are the hype around SpaceX and the ability to trade around the clock, which is unavailable on traditional exchanges.
Trading picks up pace, but the audience narrows
According to RWA.xyz, the market volume of tokenized stocks is approximately $1.82 billion, and this figure has grown by 26% over the past 30 days. Trading activity looks even more impressive: monthly transaction volume reached $8.79 billion — 88% more than a year ago. The number of holders increased by 16%, to 414,000.
However, the dynamics of user numbers are contradictory. The number of active addresses fell by about 75% over the month, despite the growth in value and number of transactions. This indicates a consolidation of capital among large players, rather than a mass influx of retail traders.
Nevertheless, the overall trend is clear: blockchain opens access to equity instruments outside standard trading sessions, and investors are actively using this. The tokenized stock market is ceasing to be a niche experiment — it is becoming a full-fledged competitor to traditional financial instruments.
Analytical commentary from Cryptalist: The growth of the tokenized stock segment is not just hype around SpaceX. It is a fundamental shift in how investors gain access to liquidity and diversification. The decline in the number of active addresses amid rising trading volumes suggests that institutional players are seriously entering this sector. If regulators do not stifle the initiative in its infancy, we could see this market's capitalization reach $5-7 billion by the end of the year.