The tokenized stock market is projected to grow by nearly 3,000% in 2025.

In 2025, driven by new regulations from the U.S. Securities and Exchange Commission (SEC) and the DTCC pilot program, the scale of the tokenized stock market grew by nearly 3,000%, approaching $1 billion. As of January 2026, the market capitalization of tokenized stocks was approximately $963 million, representing a year-on-year increase of about 2,900%. Ondo Global Markets and xStocks accounted for the majority of issuances, with the market concentrated on a few platforms. The latest developments from the SEC and DTCC indicate that a regulatory framework for tokenized securities is taking shape.