Tokenized equities volume explodes to $18.2B in July, a 4.4x surge from June

Tokenized equities just had their breakout month. Trading volume hit $18.2 billion in July, according to Binance Research, representing a 4.4x increase over June’s figures. To put that in perspective, a single month of trading outpaced the total volume from the previous six months combined. The year-to-date total for 2026 now sits at $34.3 billion, and more than half of that came from July alone. DEXs are eating CEXs’ lunch The breakdown of where that volume landed tells a story all by itself. Decentralized exchanges captured $12.8 billion of the $18.2 billion total. Centralized exchanges handled the remaining $5.4 billion. DEX platforms offer on-chain pricing in real time, and critically, they accommodate weekend trading. That means market participants can react to equity price movements before traditional markets even open on Monday morning. Binance’s bStocks is growing absurdly fast A big chunk of this story centers on Binance’s bStocks platform, which launched on June 11, 2026. In just seven weeks, it accumulated over $500 million in assets under management. That pace of growth gave bStocks a 27% share of the global tokenized equity market cap by late July. The overall tokenize...