Tokenized Equities Market Reaches $1.7B by June, AI Chip Sector Surges to 15.5% Share

According to a16z crypto, the tokenized equities market capitalization reached approximately $1.7 billion as of end of June, surging over 5-fold from $329 million a year ago, marking one of the fastest-growing tokenized asset categories. More than half of current market value stems from assets that were not on-chain a year prior, indicating growth is primarily driven by new issuance rather than underlying stock price appreciation.

The market composition shifted significantly, with AI and semiconductor-related tokenized equities seeing the fastest growth, rising from 0.3% market share in June 2025 to 15.5%. On-chain activity accelerated in June with $9.22 billion in monthly transfer volume, a surge of over 170-fold from $53 million in the same month last year, encompassing on-chain trades, wallet transfers, and collateral deposits to DeFi protocols.