Tokenized Stocks Show Real Demand But Remain Volatile and Illiquid, IMF Finds

60-second summary
The IMF reports that tokenized stock trading exceeds $2.3 billion, with over 50 % occurring outside U.S. market hours, highlighting genuine investor interest yet exposing heightened volatility and limited liquidity compared with conventional equities; this duality suggests that while demand fuels growth, regulatory and market‑structure challenges could constrain broader adoption and price stability.
An IMF analysis found that more than half of tokenized stock trading happens outside U.S. market hours, though the roughly $2.3 billion market remains more volatile and less liquid than traditional equities.