a16z: the market value of monetized equities is $1.7 billion, five times the increase over the same period

according to data published by a16z crypto, the market value of monetized equities reached approximately $1.7 billion at the end of june, a five-fold increase from $329 million a year ago, making it one of the fastest growing categories of monetized assets. the market value of monetized shares was affected by the volatility of new issuances and lower-end asset prices, with growth mainly due to the expansion of distribution, with more than half of the market value coming from assets that had not been in the chain a year earlier and most of the additional balances had arrived by mid-year。