Woofun AI data shows that the total market value of tokenized stocks reached a record $2.3 billion in mid-July, nearly doubling from the $1 billion milestone achieved in March. On July 21, multiple platforms set historical highs: Ondo Finance recorded 514.5 million shares in circulation and 93,880 holders; Backed Finance hit $579.4 million in tokenized market value; and Robinhood Chain saw 126,720 shares and 36,170 holders. The dYdX team's Arcus exchange reported $11.9 million in daily perpetual contract volume and $6.8 million in open contracts.

By chain distribution, Ethereum accounts for 34% of the market share, BNB Chain holds 30%, and Solana represents 23%. Ondo Finance leads with $955 million in on-chain stock scale and recently partnered with Japan's SBI Group to tokenize Japanese equities, enabling 24/7 minting, redemption, and voting rights. xStocks surpassed $25 billion in cumulative trading volume within eight months of launch. Ondo executives previously projected the market value could reach $2.5 to $3 billion by year-end.