The market for tokenized equities has exploded by almost 3,000% in a single year

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email The market for tokenized equities has exploded by almost 3,000% in a single year Tokenized stocks grew nearly 3,000% in 2025 as new SEC rules and a DTCC pilot pushed the asset class toward the $1 billion milestone, led by Ondo and Securitize. By Jamie Crawley , AI Boost | Edited by Stephen Alpher Jan 31, 2026, 5:00 p.m. Make us preferred on Google Tokenized equities are approaching the $1 billion mark. (Anne Nygård/Unsplash/Modified by CoinDesk) What to know : Tokenized equities have climbed to about $963 million in market value as of January 2026, up about 2,900% year-over-year. Ondo Global Markets and xStocks account for most issuance, highlighting an early concentration among a few platforms. Recent SEC and DTCC developments suggest regulatory rails for tokenized securities are emerging. Tokenized equities are approaching the $1 billion mark, underscoring how real-world asset (RWA) tokenization is moving beyond pilots and into a fast-developing segment of crypto market infrastructure. A new report from Sentora and DL Research found that tokenized stocks reached roughly $963 million in market value as of January 2026, representing a year-on-year increase of nearly 2,878% from just $32 million a year earlier. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . The rise reflects growing demand for blockchain-based access to traditional financial assets, as firms increasingly explore tokenization as a way to improve settlement efficiency, broaden market access and build always-on financial products. Tokenized equities, in particular, have become one of the most visible examples of RWAs expanding beyond private credit and Treasury bills into more mainstream instruments. Still, the market remains highly concentrated. The report shows Ondo Global Markets holds the largest share , accounting for more than half of the tokenized equity value, with xStocks and Securitize representing most of the remainder. The dominance of a few issuers highlights both the sector's early-stage nature and the importance of regulated issuance frameworks. Much of the momentum has been driven by improvements in institutional rails. While Ethereum remains the primary settlement layer for tokenized equities, other chains such as Solana are gaining traction as platforms seek cheaper, faster transaction environments. Regulatory developments in the U.S. also appear to be helping shape the next phase of growth. The report points to December 2025 as a key period, citing new SEC guidance on broker-dealer custody and a DTCC no-action letter tied to a tokenization pilot, both of which signal increased engagement from traditional market infrastructure providers. With tokenized equities nearing $1 billion, the sector is emerging as a bellwether for how quickly RWAs can scale — and how much institutional adoption may hinge on regulation, custody and market structure catching up with blockchain innovation. Tokenization Real World Assets AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .