Top Tokenized Stocks by Holders

Tokenized stocks have grown from a niche experiment into a mass retail product. The number of wallets holding them passed 1M in August, up from about 59,000 a year earlier. Here’s where those holders are:

• Nvidia: 617K
• SpaceX: 526K
• Apple: 249K
• Tesla: 245K
• Alphabet: 217K
• Microsoft: 155K
• GameStop: 149K
• Meta: 112K
• TMTG: 108K

Nvidia and SpaceX alone account for almost half of all holders on the list. SpaceX is the more striking case. It only listed on Nasdaq on June 12, and tokenized versions went live on Kraken, Bybit, Ondo and Backpack the same day. That’s 526K holders in four months.

The rest of the list looks more like a retail trading app than an index, with GameStop and Trump Media next to Meta. Positions are small too: in August, tokenized stocks on the top platforms held about $2.3B, roughly $2,250 per wallet. The growth comes from access, not from big money. On-chain stocks trade 24/7 and are open to users outside the US who can’t easily buy American shares.

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