SignalsTokenized equities become the most widely distributed RWA asset class

June 10, 2026

Jono Lee
Jono Lee

Tokenized equities reached ~$1.6B AUM (>60x YoY) after xStocks and Ondo released permissionless products. Total holders of tokenized equities reached ~300K (35.6% share of RWA market), overtaking commodities to become the most widely held RWA asset class. Nvidia, Tesla and S&P 500 lead distribution with over >100K holders. We believe the rapid adoption reflects a simple but powerful unlock; for the first time, anyone in the world with an internet connection can access U.S. equities.

Tokenized equities become the most widely distributed RWA asset class

Important Disclosure: ParaFi Signals are provided solely for informational purposes and should not be construed as financial, legal, tax, or investment advice. The information provided above should not be considered a recommendation to purchase or sell any particular security. ParaFi and its affiliates may hold positions or other economic interests in the securities, digital assets, companies, protocols, or other assets discussed herein.

Any opinions or views expressed reflect the judgment of the author as of the date of publication and are subject to change without notice. Certain information has been obtained from third-party sources, including from portfolio investments of investment vehicles managed by ParaFi. ParaFi makes no representations or warranties, express or implied, as to the accuracy or completeness of the statements or any information made herein or through a ParaFi social media account and any liability therefore is expressly disclaimed. ParaFi makes no representations about the enduring accuracy of information, or its appropriateness for a given scenario, and expressly disclaims any obligation to update any information or statement.

Unless otherwise noted, all figures and calculations are estimated and rounded for ease of reference. Figures and calculations provided are for informational purposes only, computed by the speaker (or a third-party, if so disclosed), and have not been audited by any independent third party. You should independently evaluate and judge the matters referred to therein.