Valour sees tokenized stock trading gaining momentum as on-chain volumes hit USD 5.3 billion in May
SPY•On-chain volumes reach record levels
Monthly on-chain spot volume in tokenized shares hit a record USD 5.3 billion in May, up 44% m/m; perpetual futures reached about USD 34 billion.
Tokenized stock trading gains momentum
Valour market commentary flagged tokenized stocks as a fast-growing bridge between equities and crypto, with 24/7 trading and near-instant settlement.
Regulatory and infrastructure developments
Regulatory uncertainty remains the key constraint as the SEC temporarily shelved an exemptive relief proposal amid concerns over third-party tokens.
Nasdaq won SEC clearance in March for tokenized trading of Russell 1000 stocks and index ETFs; DTCC plans limited production trading this summer.
Blockchain networks used for tokenized stock trading
Solana settled more than 95% of on-chain tokenized stock trading; Ethereum remained central for broader institutional tokenization infrastructure.
