Bitget Tokenized Stocks: $100 million in 5 weeks — a signal of a new trend in the RWA market
Bitget's tokenized stock product rToken, launched just five weeks ago, has already surpassed the $100 million mark in assets under management. This rapid growth is not just a success for a single platform, but a clear confirmation of explosive interest in the tokenized securities (RWA) segment in the crypto market.
Since its launch on June 2, the total trading volume of rToken has reached an impressive $671.37 million. The average daily turnover is $19.75 million, with a daily peak exceeding $56 million. This activity places Bitget's product among the leaders in one of the fastest-growing sectors of the industry.
SpaceX — the main magnet for traders
The key driver of this surge has been interest in tokenized exposure to SpaceX. rSPCX accounts for 23.51% of all platform assets — the largest digitized security in the portfolio. It is followed by rCSCO (17.75%) and rNVDA (13.38%).
This surge coincided with a general rise in the entire tokenized stock market. According to my data, in June their turnover reached $3.4 billion for the first time: the figure grew by 279% in a month and by a staggering 1400% year-over-year. The hype around SpaceX and the ability to trade 24/7 outside standard exchange sessions have become powerful catalysts.
Tokenized stock market: the numbers don't lie
According to the latest sector data, the total market capitalization of tokenized stocks is approximately $1.82 billion, up 26% over the past 30 days. Monthly transaction volume reached $8.79 billion — 88% higher than a year ago. The number of holders also grew by 16%, to 414,000.
However, there is an interesting anomaly: the number of active addresses per month has decreased by about 75%. This suggests that growth is driven not by a massive influx of new retail players, but by a concentration of capital among larger and more professional participants.
My analysis: The success of Bitget's rToken is not just a successful launch. It is a clear signal that the tokenized asset market is moving from the testing stage to a phase of active scaling. Traders are voting with their dollars for access to equity instruments via blockchain, valuing the ability to trade shares of giants like SpaceX 24/7. In the coming quarters, we will see this segment continue to pull liquidity away from traditional markets, and $100 million in 5 weeks is just the first call.