Number of Tokenized Stock Holders Increases to 2 Million

The number of tokenized stock holders doubled from approximately 1 million to 2 million in August. This indicates a surge in demand for on-chain access to traditional stocks. Holders of Robinhood Chain, Binance Coin Chain, and Solana account for about 95% of all holders. Tokenized stocks are assets that represent stock prices or rights in the form of blockchain-based tokens, allowing investors to gain price exposure to traditional stocks through cryptocurrency wallets. Since the number of holders is aggregated by wallet units, there may be a discrepancy with the actual number of individual users. According to CryptoRank, as of the end of July, the number of tokenized stock holding wallets on the Robinhood Chain was approximately 329,000, representing about 35% of the market. The increase in holders in August reflects market interest but should be distinguished from price movements. While the number of holders may vary depending on the aggregation method, the increase in August was significant and tended to concentrate on a few chains. Tokenized stocks differ from traditional overseas stock trading in terms of trading accessibility and storage methods, with a 24-hour trading environment being cited as an advantage. However, the actual rights structure and issuance methods may vary by product.

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