a16z crypto: monthly transfers of monetized stocks amounted to $9.22 billion in june this year, with a synchronized increase of more than 170 times

On 22 July, a16z crypto wrote that transfers of monetized shares were on the rise, with monthly transfers of monetized stocks reaching $9.22 billion in June this year, a significant increase of more than 170 times over the $53 million last June. The indicator measures all relevant activities in the chain, including transactions, money transfer between wallets and the deposit of collateral into the DeFi agreement. a16z crypto indicates that the monetized stock market is still small compared to the traditional stock market, which is trading up to several trillions of dollars a month, but that a growing number of issuers and platforms are moving forward in the monetizing stock, an area that is showing a continuing trend。