SpaceX IPO drives June tokenized stock trading volume to $3.86 billion, hitting all-time high

CoinFeed reported on July 8, according to CoinDesk, that on-chain tokenized stock trading volume reached $3.86 billion in June, up 145% month-over-month, hitting an all-time high, mainly driven by the SpaceX IPO. SpaceX completed the largest IPO in history in June (about $75 billion), with its tokenized stock trading volume reaching $1.19 billion, accounting for 31% of the total tokenized stock trading volume that month. Among them, Backpack Securities' SPCX led with $1.08 billion, and xStocks' SPCXx reached $852 million. Traditional popular assets such as Nvidia, Tesla, SPY, and QQQ are still being traded, but interest was lower than in SpaceX. The market cap of the tokenized stock sector reached $1.53 billion in June, up 6.64% month-over-month, marking 15 consecutive months of growth.