- Tokenized stocks soared 297.2% in 2024, making them one of the fastest-growing sectors in digital finance.
- Backed Finance leads with 77% market share, offering tokenized S&P 500 and tech stocks in blockchain form.
- Tokenized stocks are being eyed by central exchanges such as Kraken and Coinbase, which indicates further mainstream acceptance.
In 2024, the growth of tokenized stocks increased by an astonishing 297.2%, marking a significant shift in the digital financial landscape. This explosion makes the tokenized stocks one of the fastest-growing areas in the crypto world. In the aftermath of all the hype surrounding trending sectors like memecoins and Layer 2 solutions, tokenization of real-world assets (RWAs) has emerged. This includes stocks, which have become a quietly disruptive initiative.
Source: CoinGecko
Backed Finance and Dinari are the most popular platforms on the marketplace of tokenized stocks, with Backed securing a 77% share. The tokenized S&P 500, makes up 53% of the tokenized stock market, providing access to conventional U.S. shares. Besides the S&P 500, other famous tech stocks can be found in the form of their tokenizations.
Exchanges Dive Into Tokenized Stocks
Large centralized exchanges have not ignored the rise of tokenized stocks. Kraken plans to roll out the issuance of tokenized US-listed stocks via Backed Finance, and Coinbase is considering issuing the tokenized version of its $COIN shares. Such steps are an indicator of the growing enthusiasm surrounding tokenized equities and provide a clear understanding that even traditional financial actors are beginning to grasp the potential of this market.
Similar to tokenized stocks, the market cap of tokenized treasuries has also grown by 544.8 percent to reach $5.6-billion in April 2025. One of the biggest contributors to this growth has been the BUIDL product of BlackRock, which holds a 44%market share in the tokenized treasury market.
Source: CoinGecko
Fiat-Backed Stablecoins Boost Tokenized Assets
Stablecoins are also being backed by Fiat, like the USDT and USDC, and have grown significantly, increasing 76% within 2024 to 2025. This has raised the market cap to 93.5%, amounting to the increase in the market cap of $97 billion.
Source: CoinGecko
The growing popularity also highlights the expanding demand of tokenized assets and the widespread usage of digitalized derivatives of conventional financial instruments. Although the growth rate is extremely high, tokenized stocks are still at a rather early stage of development. Nevertheless, as large companies enter the arena and investment gains momentum, the future of the industry promises significant expansion to come.
The rising popularity of tokenised assets may transform the process of accessing traditional securities, providing an alternative and more efficient way to trade equities. As the market continues to evolve, tokenized stocks could become a mainstream investment instrument. This fills the gap between traditional financial instruments and introduces a new blockchain-based financial system.
Read More: BlackRock’s $IBIT Breaks ETF Record, Hits $70B in Just 341 Days
