Tokenized Stocks and ETFs Reportedly Generate Over $37B in Q3 Onchain Trading Volume

Tokenized stocks and exchange-traded funds reportedly generated more than $37 billion in onchain trading volume during the third quarter, according to figures attributed to Dune Analytics.
Monthly trading activity has reportedly increased nearly eighteenfold since January, suggesting growing interest in blockchain-based exposure to traditional financial assets.
The expansion highlights potential demand for extended trading access, programmable settlement and integration with decentralized financial infrastructure.
However, trading volume should not be confused with the market value of outstanding tokenized assets or net investment inflows. The reported growth figures also depend on which platforms, networks and transaction types are included in the dataset.