Bitget's rToken stock tokenization product surpassed the $100 million mark in asset volume just five weeks after launch. This comes amid the rapid growth of the entire tokenized securities sector, which has already moved from the testing phase to active scaling.
Since its launch on June 2, the total trading volume of rToken has reached $671.37 million. The average daily turnover is $19.75 million, with a daily peak recorded at $56.16 million. These figures indicate high liquidity and growing interest in the instrument.
Main Driver — Hype Around SpaceX
The majority of trading activity comes from tokenized SpaceX shares (rSPCX), accounting for 23.51% of all platform assets. This is Bitget's largest digitized security. In second place is rCSCO (17.75%), and rounding out the top three is rNVDA (13.38%).
This surge in interest coincided with the overall growth of the tokenized stock market. In June, its turnover reached $3.4 billion for the first time — a 279% increase month-over-month and a 1,400% increase year-over-year. Key factors include the hype around SpaceX and the ability to trade 24/7, which is unavailable on traditional exchanges.
Tokenized Stock Trading Gains Momentum
According to the latest data, the total market volume of tokenized stocks is approximately $1.82 billion. This figure has grown by 26% over the past 30 days. Even more impressive is the transaction volume: $8.79 billion per month, which is 88% higher than a year ago.
The number of holders has also increased — by 16%, to 414,000 addresses. However, the number of active addresses over the same period decreased by about 75%. This indicates capital consolidation: large players are increasing their positions, while small speculators are exiting.
The tokenized stock market provides access to equity instruments via blockchain, allowing traders to trade digital shares of stocks outside standard exchange sessions. This is particularly attractive for investors seeking flexibility and liquidity.
My expert opinion: Bitget's success is not a coincidence but a natural stage in the market's evolution. Tokenization of real-world assets (RWA) is becoming the main trend of 2024. However, investors should consider the risks: the decline in active addresses amid rising volumes may indicate institutional dominance, which changes the market structure. Keep an eye on the dynamics — this segment will only continue to gain momentum.