Tokenized equities trading hits record $3.86 billion in June, led by SpaceX IPO tokens
By
Francisco Rodrigues
Summary
Tokenized equities trading hit a record $3.86 billion in on-chain volume in June, driven largely by blockchain-based SpaceX (SPCX) shares following the company's $75 billion IPO. SpaceX tokenized shares accounted for $1.19 billion (31%) of total volume, with Backpack's SPCX leading at $1.08 billion. The surge represents a 145% increase from May, according to CoinDesk Data's latest report.
Source
bskyTokenized equities trading hits record $3.86 billion in June, led by SpaceX IPO tokenscoindesk.comKey quotes
· 3 pulledTokenized equities posted record trading activity in June as investors piled into blockchain-based versions of SpaceX (SPCX) stock following the aerospace company's blockbuster initial public offering.
On-chain trading volume climbed 145% from May to $3.86 billion, according to CoinDesk Data’s latest Stablecoins & Tokenized Assets report.
Tokenized SpaceX shares accounted for $1.19 billion of the total, or about 31% of all tokenized equity trading during the month.
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