Tokenized stock single-day trading volume hits all-time high of $3.57 billion

According to Odaily, data shows that the trading volume of tokenized stocks hit a record high on Monday, with a total single-day trading volume reaching $3.57 billion. Since the beginning of this year, on-chain stock trading volume has been on the rise, breaking through further after weeks of consecutive increases in April.

Currently, most of the trading volume for tokenized stocks 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, pushing cumulative trading volume into the tens of billions of dollars.