DeFi· ★★★· bullish·

Dune report: tokenized RWAs top $34B as tokenized stocks surge 2,000%

  • —Tokenized RWA supply exceeded $34 billion in 2026
  • —Tokenized stocks rose over 2,000%, with more than 1 million active holders
  • —Individual stocks make up 81% of tokenized equities held in spot markets
  • —About three-quarters of RWAs deposited in DeFi lending are tokenized private credit
Why it matters: Tokenization is creating a 24/7 market with a different structure than Wall Street, reshaping demand for equities, credit and yield in crypto.
Source: Fortune Crypto