The tokenized stock market maintained a total value locked (TVL) of $1.8 billion despite a notable decline in on-chain activity, according to CoinFound's weekly report. Transfer volume fell by 19.34% to $1.04 billion, and active addresses decreased by 12.52% to 33,273, as many holders chose to "hold and wait" at the end of the first quarter. However, the number of holders increased by 4.31% to 210,412, indicating ongoing long-term interest. In market dynamics, the House Committee on Financial Services emphasized the importance of tokenization in modernizing capital markets. Nasdaq launched a tokenized stock trading gateway for institutions, and Intercontinental Exchange invested $600 million into the tokenization ecosystem. Meanwhile, Datavault AI completed a $100 million tokenization offering. Despite reduced trading activity, capital is shifting towards compliant platforms and tech stocks with strong fundamentals.