Tokenized asset markets surge as Solana leads treasury growth

The market for tokenized assets is experiencing significant growth across both equities and treasury products. The number of tokenized stock holders has more than doubled in a single month to 1.31 million, with monthly transfer volumes surging nearly 180% to $23.13 billion. Total distributed value for tokenized stocks has reached $2.38 billion, with Ondo leading the market in distributed value.

In the realm of tokenized U.S. Treasuries, the total industry value has reached $16.23 billion. Solana has emerged as a leader in this sector, adding $378 million in tokenized treasury assets over the last 30 days, outpacing Ethereum’s $272.2 million increase. This shift is attributed to Solana’s high transaction throughput and low latency, which are increasingly preferred for institutional debt settlement.

On decentralized exchanges, Solana dominated tokenized equity trading in Q2 2026, capturing between 95% and 97% of global volume. This growth was largely driven by Backed Finance’s xStocks product suite. While Solana remains a dominant force, newer competitors like Robinhood Chain have begun to challenge its daily trading volumes in the tokenized stock sector.