🌴 The RWA Securities Market Update: December 2024 Report Now Available

Security Token Market is proud to release December 2024’s market report, analyzing secondary market activity and benchmarking against the CoinDesk 20 Index (CD20).

In this month’s market report, we have meticulously tracked 750 security tokens spanning across 45 marketplaces and 10 blockchains.

Sections include:

• Key Takeaways

• CoinDesk 20 Index Benchmark

• Quantitative Highlights

• Asset Class Breakdown

• On-Chain Liquidity Products

• Platform Spotlight: Carré

• New Tokens and Announcements

A Sneak Peek

Market Highlights

In December, trading activity increased significantly; however, the number of tokens being traded dropped by 27.27%, from 280 tokens in November 2024 to 220 tokens. Despite this decline, overall trading volume rose slightly by 16.23%, increasing from $3,085,608 in November to $3,683,378 in December.

The market cap also increased by 2.59% over the month, rising from $49,584,560,424 on December 1st to $50,868,218,601 by the close of the month - a fantastic RWA market cap to close out 2024.

CoinDesk 20 Index Benchmark

A hypothetical, equally-weighted security token bundle of all STM-tracked RWAs showed small growth, up 2.59%. The CoinDesk 20 Index, however, took a loss of 12.62%. This was somewhat expected given the rally crypto experienced in November after the Presidential Election and investors looking to take profit. 

The security token volume growth in the US did continue outperforming that of non-US, up 29.75% vs. 7.35% showing positive sentiment in the space. This could especially be due to Paul Atkins being nominated to be the next SEC Chair. Atkins understands the tokenization space, especially having been on Securitize’s Board of Advisors. January should experience a bounce back for the CoinDesk 20 Index due to Trump’s inauguration day and the expectation of crypto-friendly executive orders - SAB 121 being a likely one.

A Special Thank You to CoinDesk Indices:

The CoinDesk 20 Index benchmarks for this report are generated from data supplied by CoinDesk Indices. We’d like to thank Kim Greenberg, Teun Lucas, and the CoinDesk Indices team for their collaboration.

Taken from the CoinDesk Indices website, the CoinDesk 20 Index (CD20) is a broad-based index that measures the performance of top digital assets.

Characteristics include:

• Designed with liquidity, diversification benefits, and implementation in mind

• Applies a capped market capitalization-weighted methodology to enhance diversification

• Calculated and published once every five seconds

• Built using the CoinDesk Indices’ Digital Asset Classification Standard (DACS) and drawn from the CoinDesk Market Index (CMI) universe

Complete details available in the CoinDesk 20 Index Methodology and on the Governance page.

Nothing in this report should be construed as investment or legal advice. The information gathered is for educational purposes only.