Tokenized Equities Near $1 Billion as RWA Tokenization Enters Rapid Growth Phase

Tokenized equities are quickly approaching the $1 billion milestone, signaling that real-world asset (RWA) tokenization is moving beyond experimental pilots and becoming a meaningful part of crypto market infrastructure. According to a new report by Sentora and DL Research, the market value of tokenized stocks reached approximately $963 million as of January 2026. This marks a staggering year-on-year increase of nearly 2,878%, up from just $32 million one year earlier.

This rapid growth reflects increasing demand for blockchain-based access to traditional financial assets. Financial institutions and crypto-native firms alike are exploring tokenization to enhance settlement efficiency, reduce operational friction, expand global market access, and create always-on trading environments. Among various RWA categories, tokenized equities have emerged as one of the most visible and fast-developing segments, expanding beyond earlier use cases such as private credit and tokenized Treasury bills into more mainstream financial instruments.

Despite the strong momentum, the market remains highly concentrated. The report highlights that Ondo Global Markets controls more than half of the total tokenized equity market value, while platforms such as xStocks and Securitize account for most of the remaining share. This concentration underscores both the early-stage nature of the sector and the critical role of regulated issuance and compliance-focused frameworks in driving adoption.

Infrastructure improvements have also played a major role in accelerating growth. Ethereum continues to serve as the primary settlement layer for tokenized equities, but alternative blockchains like Solana are gaining traction due to their lower transaction costs and faster processing speeds. As issuers seek scalable and efficient environments, multi-chain strategies are becoming more common.

Regulatory progress in the United States is further shaping the sector’s trajectory. The report points to December 2025 as a pivotal moment, citing new SEC guidance on broker-dealer custody rules and a DTCC no-action letter related to a tokenization pilot. These developments suggest growing regulatory clarity and increased engagement from traditional market infrastructure providers.

As tokenized equities near the $1 billion mark, the sector is increasingly viewed as a bellwether for the broader RWA tokenization market. Its future growth will likely depend on continued regulatory alignment, robust custody solutions, and the ability of market structure to evolve alongside blockchain innovation.