The Kobeissi Letter@KobeissiLetter
BREAKING: Tokenized equities saw a record $3.4 billion in volume for the month of June.
This marks +279% month-over-month growth and +1,400% year-over-year growth.
The growth was primarily driven by SpaceX's record IPO and surging demand for 24/7 trading.
Furthermore, the Solana network now accounts for over 90% of volume traded in these assets.
A substantial amount of this volume growth has been driven by Jupiter, the largest onchain platform in the world, which has seen MoM volume growth of +56%, with ~60% of tokenized equity volume happening during off hours and weekends.
Tokenized asset growth is exploding.
