# Tokenized Stocks and ETF Trading Volume Surged to $37 Billion Last Quarter, Dune Says > Onchain trading in tokenized US stocks and ETFs jumped roughly 18-fold since January, according to Dune Analytics data, as the SEC opened a regulatory pathway for tokenized American stocks to trade on blockchain networks. - Source: Principle Post - Canonical URL: https://principlepost.com/article/tokenized-stocks-etf-onchain-trading-37-billion - Author: Principle Post Staff - Section: Markets - Published: 2026-10-22T18:54:00.000Z - Updated: 2026-10-22T18:54:00.000Z - Tags: tokenized stocks, cryptocurrency, blockchain, SEC, Dune Analytics --- Onchain trading volume in tokenized stocks and exchange-traded funds topped $37 billion in the third quarter, an 18-fold jump since January, according to a report from Dune Analytics. The tally spans more than 200 trading venues across 12 different blockchains, including crypto exchange OKX and a tokenized-stock venue run by Intercontinental Exchange. ## A new regulatory green light The growth comes after the Securities and Exchange Commission opened a regulatory pathway in September for tokenized American stocks to trade through blockchain networks, giving platforms a clearer legal basis to offer blockchain-based versions of US equities. That shift has encouraged both established exchanges and crypto-native platforms to expand tokenized trading offerings, feeding the jump in volume Dune tracked over the quarter. Tokenized stocks let investors trade blockchain-based tokens meant to mirror the price of an underlying share or fund, often with faster settlement and broader accessibility than traditional brokerage trading. The rapid rise in volume suggests the format is moving from a niche crypto-industry experiment toward a more mainstream trading channel, though it remains a small fraction of total US equity trading volume. --- Originally published by Principle Post. Free to cite with attribution and a link to https://principlepost.com/article/tokenized-stocks-etf-onchain-trading-37-billion.