Crypto TradFi grows fivefold to $6.6B as exchanges expand into stocks, commodities: Report

A 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.
Intense competition from traditional brokerage and decentralized exchanges is pushing crypto exchanges to expand beyond digital assets into tokenized stocks, commodities and precious metals, CoinGecko said.
A study, released by the crypto data provider on Wednesday, found that the market capitalization of tokenized traditional assets, including precious metals, US stocks, commodities, global indexes and forex, grew to $6.6 billion in June 2026 from $1.4 billion in January 2025. The analysis covers activity across Binance, OKX, Bybit, Bitget, Gate and MEXC.
The market’s initial growth was fueled largely by tokenized precious metals before expanding into US equities. By mid-2026, US stock perpetual futures had overtaken precious metals in both trading volume and open interest, driven by investor interest in semiconductor stocks and anticipated initial public offerings, the report said.
