Tokenized stocks reach record $3.1B led by BNB Chain: Report

Binance's bStocks product and growing demand for round-the-clock equity trading have pushed blockchain-based stock tokens into record territory.

The onchain market for tokenized stocks has climbed to a record $3.1 billion in market capitalization, according to Token Terminal data.

BNB Chain holds the largest share, with $1 billion worth of tokenized stocks issued on the network. That represents almost 33% of the overall market.

Ethereum is the second largest network, accounting for about 25% of the tokenized stock market cap. Solana ranks third with 23%.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

The onchain market for tokenized stocks has climbed to a record $3.1 billion in market capitalization, according to Token Terminal data.

BNB Chain holds the largest share, with $1 billion worth of tokenized stocks issued on the network. That represents almost 33% of the overall market.

Ethereum is the second largest network, accounting for about 25% of the tokenized stock market cap. Solana ranks third with 23%.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.