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Security-token trading volume in September halves to $9.15 million

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Trading volume of security tokens for 24 projects tracked by Security Token Markets amounted to $9.15 million in September. After rising for the previous four months from $1 million to $22 million, this figure declined by 58.5%.

September, at $9.15 million, was the second-highest month on record for security-token trading.

Dynamics of security-token trading volumes. Source: Security Token Markets.

Of this amount, $5.3 million went to the TZROP token of tZERO, reflecting investments in the equity of the alternative trading system (ATS) tZERO. In August the figure stood at $11.8 million. The token price fell by 2.2% from $7.26 to $7.10, reducing the project’s market capitalisation to $128 million.

The OSTKO security token, which represents a digital embodiment of Overstock’s share, fell 1.5% in September to $63. Quotes fluctuated in a wide range of $48-65. OSTKO trading volume declined nearly threefold—from $9.6 million to $3.6 million. The market capitalisation stands at $321 million. By this metric, OSTKO leads the sector.

Overall market capitalisation of security tokens in September rose by 3.79%. At the time of writing this figure stood at $554.4 million.

Top-5 security tokens by market capitalisation. Source: Security Token Markets.

In September the number of tradeable assets in the sector increased by three tokens:

MERJ Digital Asset Exchange is involved in a $200 million tokenisation project for luxury-class rare cars, with the issued tokens expected to be listed on the exchange.

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