Securitize Becomes Largest Tokenized Stock as Sector Transfer Volume Hits $8.47 Billion

Securitize Corp. now holds the top spot among tokenized stocks, with $270 million in shares recorded onchain, according to data from rwa.xyz.

A tokenized stock is not a synthetic price tracker or a separate share class. In Securitize’s case, the token represents the same common stock trading under SECZ on the NYSE. Holders get full legal ownership. Their position sits on the issuer’s cap table. They keep shareholder rights, including dividends, proxy votes, and participation in corporate actions. They can also hold the token in their own wallet instead of through a broker.

During normal market hours, pricing on the tokenized shares tracks the National Best Bid and Offer under Regulation NMS. Outside those hours, price moves according to onchain supply and demand. Market makers, including Jump, helped seed the initial supply to keep that process functional.

Securitize’s $270.6 million lead puts it ahead of every other tokenized equity tracked by rwa.xyz. The next closest is Strategy PP Variable xStock (STRCx) on the xStocks platform, at $126,070,909. Circle Internet Group’s Ondo-tokenized shares (CRCLon) sit third at $97,637,764.

The rest of the top group includes Ishares Core S&P 500 ETF (Ondo Tokenized) at $68,007,805, Micron Technology (Ondo Tokenized) at $56,775,858, and Exodus Movement on Algorand at $45,374,250. SPDR S&P 500 ETF (Ondo Tokenized) follows at $42,895,210, with Nvidia (Ondo Tokenized) at $41,200,608 and Tesla xStock at $40,980,384.

Two platforms dominate the list. Ondo issues tokenized versions of existing public stocks and ETFs across several chains. xStocks does the same through its own token wrapper. Securitize stands apart because it tokenized its own newly listed stock rather than wrapping a stock issued by someone else.