Morning Edition · Sunday, August 2, 2026Published at 1:31 AM EDT · New York
Tokenized Stock Trading Jumped 288 Percent in July, but a Single Nasdaq-100 Token Drove Most of It
Without one QQQ token, monthly volume for tokenized equities would have fallen roughly 30 percent from June, which shows how concentrated the on-chain equities market still is.
Trading of tokenized stocks rose 288 percent in July, according to CoinDesk's reading of on-chain data, a figure that at first glance suggests the market for equities on public blockchains is accelerating. The composition points to a more c…
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Part of a tracked trend
Tokenized Equities Push Onto Public Blockchains
Over 3-6 months, exchanges and banks accelerate moving real equities on-chain — tokenized stocks with on-chain dividends and composable trading — turning the contest over open vs. closed tokenization venues into a concrete product race.
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