[a16z crypto: Tokenized Stock Monthly Transfer Volume Reached $9.22 Billion in June, Over 170x Year-on-Year Growth] According to a report by Jinse Finance on July 22, a16z crypto stated in an article that transfer activity for tokenized stocks is surging. In June of this year, the monthly transfer volume of tokenized stocks reached $9.22 billion, a significant increase from $53 million in June of last year, representing a growth of over 170 times. This metric measures all related on-chain activities, including trades, transfers between wallets, and collateral deposits into DeFi protocols. a16z crypto noted that, compared to the traditional stock market with monthly trading volumes reaching trillions of dollars, the tokenized stock market remains relatively small. However, an increasing number of issuers and platforms are launching tokenized stocks, indicating a sustained growth trend in this sector.