Tokenized stocks hit a new single-day trading volume record of $3.57 billion

Odaily reported that data shows the trading volume of tokenized stocks hit a record high on Monday, with a single-day total transaction volume reaching $3.57 billion. Since the beginning of this year, on-chain stock trading volume has been continuously growing, and after several consecutive weeks of increase in April, it has broken through further.

Currently, the majority of tokenized stock trading volume is concentrated on two major platforms: Binance, the world's largest centralized exchange, and Hyperliquid, an on-chain derivatives trading platform.

Additionally, platforms such as Kraken's xStocks, Ondo, and Bitget are also driving the expansion of on-chain stock trading scale, bringing cumulative transaction volume into the tens of billions of dollars range.