Tokenized Stock Holders Near 1 Million After 92% Growth in 30 Days

The number of blockchain addresses holding tokenized equities hit a record 759,000 in late July, up 92% over 30 days and 522% since the start of 2026, according to figures highlighted by The Kobeissi Letter. By Aug. 3, RWA.xyz's broader tokenized-stock dashboard, which includes exchange-traded funds, showed almost 967,000 holders with $2.16 billion in distributed value.

"Tokenized asset growth is exploding," Kobeissi said.

The figures measure blockchain addresses, not verified individual investors. One person may control several wallets, while a custodial address can represent multiple customers.

Demand is driven partly by access outside U.S. exchange hours. Jupiter reported a 360% year-to-date increase in monthly tokenized-equity volume completed during evenings, weekends and other periods when Nasdaq and the New York Stock Exchange are closed. More than 65% of the platform's stock-token activity reportedly occurs outside regular sessions.

Semiconductor and memory-chip shares have become especially popular. These products let traders respond to news involving companies such as Nvidia, Micron Technology and SK Hynix without waiting for the next opening bell. AlphaScala's data scores NVDA at 71 out of 100 (Moderate) and MU at 65 out of 100 (Moderate), reflecting steady institutional interest in the sector.

Market commentator David Alexander estimated that Robinhood Chain added 325,000 holders within four weeks of launching. Robinhood's tokens offer economic exposure to underlying securities. They do not grant investors direct legal or beneficial ownership of those shares.

Ondo Finance captured the industry's optimism in a brief post: "The era of tokenized stocks is here."

The expansion comes as the wider crypto market remains under pressure. Glassnode said bitcoin's three-month futures basis has yielded less than the two-year US Treasury since February. This is only the second prolonged inversion on record. The gap gives institutional desks less reason to deploy capital into crypto basis trades.

Tokenized equities may be growing despite that backdrop. Holder counts alone do not prove the market is mature.

"Holder count means nothing" without meaningful balances and secondary liquidity, analytics account CEXScan argued.

Liquidity remains concentrated in a limited number of markets, while token structures vary widely. Some products represent regulated securities. Others provide only economic exposure through debt instruments or derivatives.

The next test is whether trading depth, redemptions and legal protections grow as quickly as wallet adoption. Reaching 1 million addresses would be a milestone. Sustained liquidity would make it a market.