Crypto TradFi grows fivefold to $6.6B as exchanges expand into stocks, commodities: ReportA CoinGecko study points to rising demand for tokenized equities and commodities on centralized exchanges, with perpetual futures driving most of the market’s trading activity.

A recent CoinGecko study highlights significant growth in the market for tokenized traditional assets on centralized crypto exchanges. According to the report, the combined market capitalization of tokenized assets such as precious metals, U.S. stocks, commodities, global indexes, and forex increased to $6.6 billion by June 2026, up from $1.4 billion in January 2025. This growth has taken place across major exchanges including Binance, OKX, Bybit, Bitget, Gate, and MEXC. Initially, the market expansion was driven primarily by tokenized precious metals, but by mid-2026, U.S. stock perpetual futures surpassed precious metals in trading volume and open interest, with a particular focus on semiconductor stocks and upcoming initial public offerings.

The report notes that perpetual futures constitute the bulk of the trading activity in tokenized traditional assets, while spot market trading remains relatively limited. The preference for derivatives is attributed to traders favoring leveraged products and the fact that exchanges can offer perpetual contracts without needing to custody the underlying tokenized assets. This shift reflects a strategic move by centralized crypto exchanges to diversify their offerings beyond digital assets and compete effectively with decentralized exchanges and traditional brokerage platforms, such as Robinhood, which has expanded its digital asset services.

Institutional interest is also playing a key role in driving the tokenization market. Separate reports from Standard Chartered and Bernstein suggest that tokenization could expand decentralized finance markets substantially, with projections estimating the tokenization market could reach several trillions of dollars by 2030. The increased involvement of financial institutions emphasizes the blurring boundaries between traditional finance and blockchain infrastructure, as exemplified by partnerships such as BitGo with OTC Markets Group and Tradable with the Stellar network, which aim to increase access to tokenized securities and private credit assets, respectively.

Overall, CoinGecko views this trend as evidence of the evolving landscape where traditional financial products are increasingly being offered on crypto trading platforms, signaling intensified competition and deeper integration between conventional finance and the crypto ecosystem. The data underscores how both retail and institutional participation are fostering the growth of tokenized assets on centralized exchanges.