Tokenized stock trading surged 288% in July, but one QQQ token drove most of it

Neutral-2.34%
1 Aug, 16:51
Source: CoinDesk

AI Summary

Tokenized stock trading volume surged 288% in July, though QQQB token accounted for most of the growth, with underlying volume actually declining 30% from June.

Without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total.