On-chain tokenized stock trading volume surpasses $20 billion for the first time, with SpaceX IPO being a major driving force.

CoinFeed reported on June 17th that the Kobeissi Letter, a capital markets commentary journal, published an article on the X platform stating that SpaceX is driving a surge in tokenized asset trading. In the past 30 days, on-chain tokenized stock trading volume reached $4.3 billion, a record monthly high, and a year-to-date increase of over 140%. Following SpaceX's IPO on June 15th, the 24-hour spot trading volume of tokenized stocks on Solana surpassed $100 million for the first time, with Solana once holding a 99% market share. Jupiter became the largest platform for tokenized SpaceX trading. The cumulative on-chain tokenized stock trading volume has surpassed $20 billion for the first time.