Tokenized Stocks from Bitget: $100 Million in 5 Weeks — A New Record for the RWA Market
Bitget's rToken product has demonstrated impressive performance, with the volume of tokenized assets on the platform exceeding $100 million just five weeks after launch. This growth reflects an overall industry trend, where demand for tokenized securities is rapidly gaining momentum.
Such instruments have already moved past the testing stage and become one of the fastest-growing market segments. Trading volumes and the value of these assets have surged, confirming the maturity of this sector.
SpaceX as the Main Driver of Interest
According to Bitget data, since June 2, the total transaction volume for rToken has reached $671.37 million, with an average daily turnover of $19.75 million and a daily peak of $56.16 million. The tokenized exposure to SpaceX has generated the most interest among traders: rSPCX accounts for 23.51% of all platform assets, making it the largest security on the exchange. It is followed by rCSCO (17.75%) and rNVDA with a share of 13.38%.
The surge in interest coincided with a rise in the entire tokenized stock market. In June, their turnover reached $3.4 billion for the first time: the figure grew by 279% over the month and by 1400% over the year. Analysts cite the hype around SpaceX and the possibility of 24/7 trading as the main reasons for the growth.
Tokenized Stock Trading Intensifies
The tokenized stock market, according to RWA.xyz, has reached approximately $1.82 billion. This figure has grown by 26% over the past 30 days. Trading activity is increasing at an even faster pace: monthly transaction volume amounted to $8.79 billion, up 88% from a year ago. The number of holders also increased by 16%, to 414,000.
However, the user dynamics are contradictory. The number of active addresses decreased by approximately 75% over 30 days, despite the growth in value and transaction count. This may indicate capital consolidation among large players.
Such growth points to broader access to equity instruments via blockchain. Traders can hold and trade digital shares of stocks outside standard sessions, expanding their opportunities and attracting more participants.
My opinion: The tokenized stock market is in the early stages of explosive growth. Bitget's success is just the tip of the iceberg. In the coming years, we will see traditional finance and DeFi merge into a single ecosystem, where the boundaries between exchanges and blockchains will finally blur.