Crypto Traders Shift to TradFi as Tokenized Stock Trading Hits $54B
Published by
Rizwan Ansari
July 10, 2026
Crypto traders are no longer betting only on Bitcoin and altcoins. Trading volume in tokenized traditional stocks crossed $54 billion in June, with SpaceX alone contributing $36 billion, followed by Strategy, Circle, and Intel
New data from CryptoQuant shows that crypto traders are increasingly shifting toward TradFi equities.
TradFi Stocks Are Becoming the New Crypto Trade
According to crypto analyst Ali Martinez, trading in TradFi equity perpetual futures crossed $54 billion in June 2026, marking one of the biggest shifts seen in the crypto derivatives market this year.
During the same month, weekly stock derivatives volume on centralized exchanges reached a record $11.6 billion.
The recent TradFi report also shows that tokenized stock perpetual trading has exploded over the past year. Monthly volume increased from $831 million in July 2025 to $34 billion by May 2026, making TradFi derivatives more than 8 times larger than the on-chain RWA market.
Binance Has Become the Clear Market Leader
CryptoQuant data shows Binance is leading the growing TradFi stock trading market on crypto exchanges.
In June alone, Binance processed $53.8 billion in TradFi equity perpetual futures volume, accounting for nearly 80% of the global market. Bitget ranked second with around $9 billion, while Bybit and Gate held only a small share.
The charts also show how quickly trading shifted toward Binance. Activity remained relatively small until March before reaching its highest level in June.
This suggests traders are choosing Binance as their main platform for trading tokenized stocks.
SpaceX Is Leading The Trend, And Others Are Following
Much of the recent surge in TradFi equity perpetual trading was driven by strong demand following SpaceX’s IPO.
According to CryptoQuant, SpaceX (SPCX) generated around $36 billion in trading volume during June, accounting for nearly two-thirds of the entire TradFi equity perpetual market.
The trend is also spreading beyond SpaceX. Trading activity has also increased steadily in Strategy (MSTR), Circle (CRCL), Intel (INTC), and several other traditional equities.
This shows that traders are now looking for opportunities across traditional companies instead of focusing only on cryptocurrencies.
And one main reason behind this change is convenience.
Unlike traditional stock markets, crypto exchanges offer 24/7 trading, higher leverage, and easy access from almost anywhere in the world.
BinanceBinanceBinance is the largest cryptocurrency exchange platform, offering crypto trading with a wide range of cryptocurrencies and tokens, including Bitcoin, Ethereum, Dogecoin, Litecoin, and its own token, Binance coin (BNB). Founded in 2017 by Changpeng Zhao (CZ) and Yi He, it is considered one of the most powerful forces in the global crypto economy, with features such as spot, futures, staking, launchpads, and DeFi integrations. Key Features: An easy interface that allows users to purchase and trade Bitcoin directly with one another. Users can generate and trade numerous sorts of tokens in a simple and user-friendly manner. The Binance platform offers tools for buying, selling, and generating NFTs. Users can send, receive, and store digital assets in a safe cryptocurrency wallet. Educational resources to help consumers learn about blockchain, cryptocurrency, and trade. Monetary transactions allow users to purchase cryptocurrency with credit cards, bank transfers, and payment applications. Binance Milestones: Year Key Achievements 2017 Founded by Changpeng Zhao and Yi He. Launched in July after raising $15M through the BNB ICO. 2018 Became the world’s largest crypto exchange by trading volume within 165 days of launch. 2019 Binance Chain and the Binance DEX have been launched. Binance Futures was launched to expand trading offerings. 2020 Binance has launched its Smart Chain. CoinMarketCap has been acquired. 2021 Moved to a remote-first, borderless corporation with a globally scattered workforce. 2022 Proof of Reserves (PoR) was introduced following the FTX crash. BSC has been rebranded to BNB Chain. 2023 Changpeng Zhao resigned, and Richard Teng took over as CEO. Binance Feed has been rebranded as Binance Square. 2024 Spot Bitcoin ETF acceptance resulted in a 97% increase in institutional users. 2025 Launched Binance Alpha 2.0 binance@miceneurol.comCentralised ExchangeCryptocurrenciesTrading AppCryptocurrency investment
microstrategymicrostrategyStrategy, formerly known as MicroStrategy, is a business intelligence and analytics firm founded in 1989 by Michael Saylor. The platform is known for its data analytics software and significant Bitcoin investments. It helps organizations analyze data, make informed decisions, and is a leading corporate Bitcoin holder. Its software division provides a cloud-based, AI + BI analytics solution that seeks to consolidate data, offer controlled semantic accessibility, and facilitate massive and real-time insights across companies. Key Features: Built to support large-scale enterprises and data management. Scalable reporting and analytics for large organizations. Maintain data security, governance, and compliance. Supports cloud-based analytics and AI-powered insights. Tools for data visualization, dashboards, and enterprise analytics. Business Intelligence
Circle PaymentsCircle PaymentsCircle is a peer-to-peer fintech solution platform that is leading in blockchain-based financial technologies. Circle makes money by trading digital currencies like Bitcoin and others with the help of blockchain technology while making financial transactions. Company Details Founders: Jeremy Allaire, Sean Neville Founded: October 2013 Headquarters: Boston, Massachusetts, United States Key Features: Provides an open developer platform allowing businesses to integrate programmable money solutions into their applications. Supports cross-border payments with near-instant settlements. Offers tools for businesses to manage liquidity, hold USDC as treasury assets, and convert funds between fiats and digital assets. Transactions are settled instantly reducing delays and optimizing cash flow for businesses. subpoenas@circle.comFintech SolutionPayment solution
cryptoquantcryptoquantCryptoQuant is an analytics platform driven by the community to lower the complexity of data-based decisions. It provides the best data resolution to the block, low latency, high exchange coverage, user network, and Web3 compatible analysis. Company Details Founder: Ki Young Ju, Soojin Lim, Byungkook Jang Founded: 2018 Headquarters: South Korea CEO: Ki Young Ju Key Features: Offers a comprehensive interface for analyzing and obtaining cryptographic data collected from blockchains. Provides a brief view of market data, on-chain data, and short- and long-period indicators for Bitcoin, Stablecoins, Ethereum, and ERC20 tokens. Enables custom notifications and alerts for key metrics like spikes in network activity, large transfers from wallets, and exchange reserve changes. Offers educational resources like tutorials and blogs that include explanations on on-chain metrics to help users understand better. FAQs 1. Who is the CEO of CryptoQuant? Ki Young Ju is the CEO and co-founder of CryptoQuant. 2. When was CryptoQuant founded? 2018 3. Who founded CryptoQuant? Ki Young Ju, Soojin Lim, and Byungkook Jangcontact@cryptoquant.comOn-Chain
ali martinezali martinezAli M. is a Senior Crypto & DeFi Producer and the Global Head of News, specializing in content marketing strategies within the cryptocurrency and decentralized finance sectors. In 2012, he discovered the Bitcoin through its whitepaper. Intrigued by the idea of a decentralized, borderless, and censorship-resistant currency, he quickly entered the cryptocurrency market as a trader. As a leader in the industry, he currently heads the content creation team at a top news media outlet. Details Organization: MONIIFY Location: United Kingdom Skills: Story Telling and Breaking News Experience: Senior Crypto & DeFi Producer at MONIIFY from Oct 2024 - Present Global Head of News at BeInCrypto from Oct 2022 - Sep 2024 Content Manager at Binance from Dec 2021 - Oct 2022 Senior Managing Editor FXStreet from Sep 2020 - Mar 2022 Marketing Content Specialist at Energi from Aug 2021 - Dec 2021 FAQ's 1. When did Ali M. get involved in cryptocurrency? Ali discovered Bitcoin through its whitepaper in 2012 2. What is Ali's role as a Senior Crypto & DeFi Producer? As a senior Crypto and Defi Producer is involved in overseeing the production of content related to cryptocurrencies and DeFi, ensuring that it is engaging, and informativealimartinez@pm.me.TraderMarket Analyst
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Rizwan Ansari
Rizwan is an experienced Crypto journalist with almost half a decade of experience covering everything related to the growing crypto industry — from price analysis to blockchain disruption. During this period, he’s authored more than 3,000 news articles for Coinpedia News.
