Tokenized stock market cap hits record high, up 3.6x year-to-date

According to The Kobeissi Letter, the market capitalization of tokenized stocks reached a record $2.9 billion in August, marking a 12% increase from the previous month and a 262% rise since the beginning of the year. Additionally, recent data shows a 19% increase in weekly DEX volume and a 30% growth in the number of holders, with Jupiter reporting a 24% rise in monthly volume.