Tokenized Stocks Reach $5.5 Billion Market Cap, Up 147% Since Start of 2026

According to The Block, tokenized stocks reached a $5.5 billion market cap since the start of 2026, up from $2.23 billion six months earlier—a 147% increase. The category is now the fourth-largest asset class within the broader real-world assets (RWA) market.

Crypto exchanges are embedding stock products directly into their platforms to capture this demand. Kraken and Bybit began offering tokenized SpaceX IPO access natively on their platforms, while Binance extended stock perpetual products to non-U.S. users, allowing retail traders to access equity market exposure without leaving the crypto ecosystem.