Tokenized stock holders double as monthly volume surges 179%

The holder count is the more telling figure here: distribution is broadening, not just turnover concentrating among existing participants. Transfer volume rising far faster than distributed value suggests heavier circulation of the same underlying exposure rather than fresh capital settling in, a distinction that matters for judging whether tokenized equities are becoming a genuine allocation channel or a trading venue. Whether the holder base keeps expanding once volume growth normalizes is the open question.