Increasingly popular, xStocks tokenized shares recently surpassed $200 million in assets under management. Let’s take a look at this rapidly expanding adoption.
xStocks tokenized shares are on the rise
Launched in June 2025, xStocks tokenized shares have been so successful that they exceeded $10 billion in volume last November. Far from slowing down, this momentum continues today, with volumes now exceeding $17.7 billion.
What’s more, xStocks shares have recently surpassed other particularly promising milestones.
On-chain volume now stands at $3.12 billion, including $536 million on decentralized exchanges, with the number of holders approaching 59,000 unique addresses and assets under management (AUM) now at $216.65 million:

Since the beginning of the year, the value of xStocks’ assets under management has climbed 13.6%. Beyond adoption itself, this metric also depends on the performance of the underlying stocks, whose potential surge could give the illusion of better results than reality. None of that is the case here, as by comparison, the S&P 500 has risen only 0.51% since the beginning of the year, while Tesla, which accounts for nearly 26% of xStocks’ AUM, has fallen 1.91% over the same period.
Among the most popular tokenized stocks, Circle and NVIDIA round out the top three, with $23 million and $20 million in AUM, respectively, followed by Strategy and Google:

In terms of competition, xStocks shares are surpassed by Ondo Global Market, which claims nearly $504 million in total value locked (TVL). However, the platform still lags behind xStocks in terms of volume, with $7.25 billion currently.
Despite encouraging figures, tokenized stocks are still in their infancy. To illustrate this, Google Finance data shows an average daily volume of $165.31 million for NVIDIA stock alone.
However, the performance is still to be commended, and there is no doubt that volumes will continue to grow in 2026.
While these products offer a quick and easy way to gain exposure to the stock market, it should be noted that these shares do not offer the same guarantees or rights as their underlying assets. This gap should be filled during the year, as the Nasdaq and the New York Stock Exchange are working on their own platform. Nevertheless, the tokenized shares currently on the market also offer the advantage of being easily transferable from one portfolio to another.