Bitget says its tokenized equity product rToken has exceeded $100 million in assets within five weeks of going live, adding to signs of rapid growth in the market for blockchain-based stock exposure.
The company said rToken launched on June 2 and has since generated $671.37 million in cumulative trading volume. Average daily volume reached $19.75 million, while the highest single-day total was $56.16 million. The figures come as tokenized equities post sharp gains in overall market activity and value.
Launch growth led by SpaceX-linked demand
According to Bitget, the strongest demand inside the rToken lineup has come from tokenized exposure to SpaceX. Its rSPCX product accounts for 23.51% of total rToken assets, making it the largest tokenized equity on the platform.
Other large holdings include rCSCO at 17.75% of assets and rNVDA at 13.38%. Bitget’s update indicates that concentration in a small number of names has been a defining feature of early activity, with SpaceX exposure standing out as the main driver.
Sector volumes hit new highs
The move at Bitget coincides with a broader jump in tokenized stock trading. The Kobeissi Letter reported that tokenized stocks reached a record $3.4 billion in trading volume in June. That was up 279% from the previous month and 1,400% from a year earlier.
According to that report, the rise was driven mainly by investor demand for SpaceX-related exposure, alongside the ability to trade tokenized equities around the clock. Unlike traditional stock markets, tokenized versions can be traded on blockchain infrastructure outside standard market hours.
Market value and transfer activity expand
Separate data from RWA.xyz suggests the wider tokenized stock market has also continued to grow in size. The sector’s value stood at about $1.82 billion, up roughly 26% over the past 30 days.
Activity increased even faster than market value. Monthly transfer volume reached $8.79 billion, representing about 88% year-over-year growth. The number of holders also rose by around 16% to approximately 414,000.
At the same time, user participation showed a mixed picture. RWA.xyz data indicated that monthly active addresses fell about 75% over the last 30 days, even as market value and transfer volume moved higher. That suggests rising concentration or heavier use by a smaller set of active participants, although the source data does not explain the cause.
A fast-growing but uneven segment
Taken together, the figures point to a tokenized equity market that is expanding quickly, both at the platform level and across the sector. The appeal appears tied to easier access to equity exposure through blockchain rails, including fractional ownership and trading beyond traditional exchange hours. Even so, the decline in active addresses shows that growth in assets and volume has not translated evenly across all participation metrics.
Source: beincrypto.com