Tokenized stock trading experienced a significant increase in July, with a 288% surge compared to the previous month, based on reporting from CoinDesk.
The majority of this surge can be attributed to one token, QQQB, which is a tokenized version of the QQQ exchange-traded fund.
Without the QQQB token, the total volume for tokenized equities in July would be approximately $2.03 billion, which is about 30% lower than the total volume in June.