Tokenized Stocks Shift Toward AI Chips as Crypto Share Drops

The tokenized stock market is seeing a major transformation. While crypto assets once dominated this space, their share of the total market cap has plummeted from 79 percent down to 21 percent. In their place, semiconductor and memory chip companies have become the new focus for investors.

Data shows the overall market for tokenized stocks grew fivefold over the past year, reaching a total value of 1.7 billion dollars by the end of June. Much of this growth comes from new assets being brought on chain rather than simple price appreciation, which suggests real demand for these tokenized products.

AI and chip stocks have seen the most explosive growth, jumping from less than one percent of the market to over 15 percent in just twelve months. Companies like Micron and SanDisk currently lead the pack in market cap, suggesting that traders are looking to capture value across the entire hardware supply chain rather than focusing only on major GPU manufacturers.

This shift marks a departure from the early days when tokenization was almost exclusively a crypto activity. As more traditional equities arrive on chain, the industry is proving that it can move beyond its origins to offer broader financial products to global investors.