PancakeSwap’s Tokenized-Asset Volume Topped $1 Billion in July

PancakeSwap said its July trading across tokenized stocks, exchange-traded funds, bonds and other assets topped $1 billion, while broader tokenized-equity markets recorded $7.9 billion in August volume. The July total compared with $50 million in June. More than $575 million of July activity occurred during its final week. The figure combines several asset types and does not measure stock trading alone. By the end of August, PancakeSwap had more than 41.4% of trading across 67 bStocks, a group of tokenized stocks and ETFs. The measurement period for that share was unspecified.

Source: TokenPost