Tokenized equities daily volume hits all-time high of $3.57 billion

Tokenized equities volume hit a new high on Monday, with $3.57 billion worth of total volume, according to The Block’s data. The fresh all-time high comes after a month of climbing weekly volumes in April.

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A majority of the RWA trading volume is happening on two platforms, Binance, the world’s largest centralized crypto exchange, and Hyperliquid, the onchain derivatives trading venue, according to The Block’s data.

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Platforms like Kraken’s xStocks, Ondo, Bitget and others have also helped drive cumulative onchain equities volumes into the billions.