Tokenized Stock Market Surges 140% by 2026...Bitget Ranks First in Liquidity

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As the tokenized stock market approaches $2 billion, the core of exchange competition is also shifting to liquidity.

According to U.Today, a cryptocurrency specialized media outlet, on August 4 (local time), DeFiLlama published an independent report analyzing the tokenized stock market. The active market capitalization grew from approximately $814 million at the beginning of 2026 to nearly $2 billion. The growth rate exceeded 140%.

The research team compared brokerage connectivity, reserve asset transparency, dividend processing, settlement methods, trading structure, and execution performance. Although the number of platforms offering tokenized stock products has increased, execution quality varied significantly depending on market structure.

Among the exchanges compared, Bitget had the lowest median bid-ask spread of 0.83 bp. It also had the most abundant top-of-book liquidity across the five tokenized stock markets evaluated. Comparing 36 types of stock-linked perpetual contracts and 8 types of commodity perpetual contracts, Bitget ranked first in most markets based on 5 bp, 10 bp, and 50 bp order book depth.

Gracy Chen, CEO of Bitget, stated, “The value of tokenized stocks depends on the market that supports their trading. If investors cannot trade efficiently, they do not care how the asset is structured.” Chen added, “That’s why liquidity and execution are important,” and that as the market grows, investor expectations will also increase.

Bitget's Reality rTokens ecosystem exceeded a cumulative trading volume of $1.16 billion from June to July. Semiconductor and technology company-linked products accounted for the largest share of the trading volume. The report assessed that exchange competition is shifting beyond product expansion to securing liquidity, execution infrastructure, and trading experience.

[Article Summary]

-The market capitalization of tokenized stocks increased by over 140% in 2026, approaching $2 billion.

-Bitget recorded the lowest median bid-ask spread of 0.83 bp and the most abundant top-of-book liquidity.

-The competitive criteria for tokenized stock exchanges are shifting from the number of listed items to liquidity and execution quality.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*