a16z crypto: Tokenized Stock On-Chain Transfer Volume Significantly Increases, June Monthly Transfer Volume Rises to $9.22 Billion

a16z crypto stated that transfer activity for tokenized stocks is continuing to rise. In June 2024, the monthly transfer volume of tokenized stocks reached $9.22 billion, growing over 170-fold compared to $53 million in the same period last year. This metric covers all on-chain transfer activities, including trading, wallet-to-wallet transfers, and deposits made as collateral into decentralized finance protocols.