Cryptocurrency1 Aug 2026SEO 801 min read

Analysis: Tokenized stock trading surged 288% in July, but one QQQ token drove most of it

Without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total. Tokenized stock trading reached…

Without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total. Tokenized stock trading reached a record $11.3 billion in July, a 288% increase, driven primarily by a single QQQ-tied token on Binance, which accounted for 82% of that volume. Excluding that token, total market volume fell to $2.03 billion, about 30% lower than the estimated $2.91 billion in June. Binance's QQQB saw massive growth due to zero maker fees through Au…

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