Exchanges like Robinhood and Gemini have recently launched tokenized stocks, sparking investor interest in this new type of asset. In this context, the blockchain chosen by issuers could become a new opportunity for investors.
Currently, Algorand dominates the space. However, the market share landscape in tokenized stocks could change significantly if this trend continues to gain momentum.
According to data from RWA.xyz, the market value of tokenized stocks increased by 19% in the last month, reaching over $400 million.
In fact, the number of investors skyrocketed by 1,845%, rising to over 48,000. Monthly active addresses increased by more than 8,800%, reaching nearly 38,000. These data show the growing interest of the investor community.
Total Value of Tokenized Stocks. Source: RWA.xyz
It seems that Algorand commands over 66% of the market, with a total value of more than $268 million. This confirms its position as the leading network in this emerging trend.
Market Share of Tokenized Stocks. Source: RWA.xyz
Algorand leads with a single asset, but rivals are growing rapidly.
This layer 1 network may gain a first-mover advantage by capturing market share early. Other institutions may consider Algorand as one of the top options.
“We’ve heard that 2025 will be the year of tokenized stocks. Algorand is already winning in this vertical. The future on other chains is often the present on Algorand,” said the Algorand Foundation.
However, if we look deeper into the data, Algorand hosts only one RWA asset, similar to the XRP Ledger. Meanwhile, other chains like Base, Ethereum, and Arbitrum support over 90 assets.
This single asset is the EXOD stock from Exodus, provided by Securitize, and has been tokenized on Algorand since mid-2024. At the time, this marked an important milestone, showcasing the integration of blockchain technology with traditional finance (TradFi).
However, since then, this chain has not tokenized new assets. Currently, the market value of the tokenized stock EXOD represents 77% of the entire tokenized stock market. This reveals that the tokenized stock space is still in its early stages and lacks diversity.
Experts predict that the trend of tokenizing stocks will grow rapidly, and market share could change quickly.
“Every stock, every bond, every fund, every asset—can be tokenized. If they are, it will revolutionize investing,” said Larry Fink, Chairman of BlackRock.
Other networks like Ethereum and layer 2 solutions, such as Polygon and Base, are actively expanding their reach. Although the market value of tokenized stocks on these chains is not as large as that of Algorand, data shows they are growing much faster, between 12% and 44%.
This raises questions about whether Algorand can maintain its leadership position as competition intensifies.
The article Algorand dominates tokenized stocks with 66% of the market was first seen on BeInCrypto Brazil.
