Tokenized stocks from Bitget soared to $100 million in 5 weeks: what's behind the boom?
The tokenized securities market continues to demonstrate explosive growth. Bitget's rToken product, launched just five weeks ago, has already surpassed the $100 million mark in asset volume. This is an impressive result that confirms the growing demand for digital equity instruments across the industry.
Key Driver — Interest in SpaceX
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 peak of $56.16 million. The tokenized exposure to SpaceX attracted the most interest from traders: 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 entire tokenized stock segment. In June, their turnover reached $3.4 billion for the first time: monthly growth was 279%, and year-over-year growth was a staggering 1400%. The main catalysts were the hype around SpaceX and the possibility of 24/7 trading, which opens access to instruments previously unavailable to retail investors.
Market Gains Momentum
According to estimates, the total market capitalization of tokenized stocks is about $1.82 billion, having increased by 26% over the last 30 days. Monthly transaction volume reached $8.79 billion, which is 88% higher than a year ago. The number of holders also grew by 16%, to 414,000.
However, the dynamics of user numbers are contradictory: the number of active addresses decreased by approximately 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 participants.
My expert assessment: Tokenization of stocks is not just a trend, but a fundamental shift in the accessibility of financial instruments. The success of Bitget's rToken confirms that the market is ready for hybrid solutions that combine DeFi liquidity with traditional assets. However, the decline in the number of active addresses is concerning: it may signal that the main activity is concentrated in the hands of institutional investors, rather than retail. In the long term, it is the democratization of access that will become a key factor for the sustainable growth of this segment.