The Kobeissi Letter
The Kobeissi Letter|Jun 16, 2026 15:07
SpaceX is driving a historic surge in tokenized asset trading. Over the last 30 days alone, $4.3 billion worth of tokenized stocks were traded onchain. This marks the highest monthly volume since inception, with growth of over 140% YTD. On June 15th alone, after the SpaceX IPO, SPCX, 24-hour spot volume for tokenized stocks trading on Solana surpassed $100 million for the first time. Solana dwarfed all other chains for tokenized SpaceX, with a peak of 99% volume share across all chains, also making Jupiter the leading venue by volume for trading tokenized SpaceX. This pushes cumulative transfer volume of onchain tokenized stocks above $20 billion for the first time in history. Tokenization is accelerating.(The Kobeissi Letter)
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