TLDR:Tokenized stocks recorded $5.5B in volume across 2.8M trades and 180,000 wallets through May 2026.Trades below $500 made up 64% of all transactions but represented only 5% of total trading volume.AI-linked equities accounted for 35–40% of recent volume, with NVIDIA leading overall exposure onchain.BNB Chain drove over 75% of total volume while Ethereum users traded at significantly larger average sizes.Tokenized stocks have recorded $5.5 billion in trading volume across 2.8 million trades and over 180,000 wallets through May 2026. Bitget Wallet published a new report analyzing onchain trading activity from Ondo Global Markets. The data covers tokenized stocks, ETFs, commodities, and other financial assets on Ethereum and BNB Chain. Despite round-the-clock infrastructure, trading behavior continues to mirror traditional market patterns, raising questions about how onchain finance truly differs from conventional systems.Wall Street Hours Still Dominate Onchain Trading ActivityRoughly 52% of all tokenized stock trading volume occurs during standard US market hours. Weekend activity accounts for just 0.55% of total volume across the dataset. That figure points to a clear behavioral trend among participants regardless of chain access.The data suggests tokenized equities are functioning as an access layer to existing markets rather than a parallel financial system. Bitget Wallet framed it directly in their report: “Tokenized equities are not building a parallel financial system — they are building a new access layer to the one that already exists.” The infrastructure operates 24/7, but user behavior has not shifted to match that availability.New RWA report dropped: Beyond the RWA HypeWe analyzed:> $5.5B onchain stock trading activity> 2.8M RWA trades> Trades