Tokenized stock trading jumped 288% in July, led by single QQQ token

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Tokenized equity trading volumes surged 288% in July, according to data reported by CoinDesk. However, the spike was largely driven by one token, QQQB, which tracks the Nasdaq-100 ETF QQQ. Excluding QQQB, July's tokenized stock trading volume would have been approximately $2.03 billion. That adjusted figure would actually represent a 30% decline compared to June's total, suggesting the broader tokenized equities market did not share in the dramatic growth.

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