Crypto wallet provider Bitget Wallet published a report last week showing tokenized equities on Ondo Global Markets generated more than $5.5 billion in trading volume across 2.8 million trades and over 180,000 wallets through May 2026.
Despite 24/7 blockchain infrastructure, roughly 52% of that volume still occurred during U.S. market hours. Weekend activity accounted for just 0.55%.
The data, drawn from activity on Ethereum and BNB Chain, showed retail access expanding faster than liquidity depth. Trades below $500 made up nearly 64% of all transactions but only 5% of volume, while trades above $50,000 represented 0.5% of transactions and 35% of volume.
BNB Chain accounted for more than 75% of the total volume and the majority of wallets. Ethereum users traded at larger average sizes and displayed stronger accumulation behavior.
AI-linked equities drove 35% to 40% of recent volume, led by NVIDIA-related exposure, with accumulation patterns visible in Micron, Qualcomm, Microsoft, and Snowflake.
“Tokenized equities are widening access to traditional markets,” said Alvin Kan, COO of Bitget Wallet.
The report concluded that the next challenge is market quality, specifically liquidity and pricing efficiency outside U.S. trading hours.
