BNB Chain Becomes First Network to Top $1B in Tokenized Stocks and ETFs
- —Tokenized stocks and ETF market cap rose from $2.87 billion in August to $3.35 billion in September, up 17%
- —As of Oct. 2, the total market stands at $3.7 billion, with BNB Chain at $1.1 billion, or roughly 30%
- —Ethereum holds 22% ($828 million) and Solana 20% ($738 million)
- —BNB Chain holders reached 1.8 million, or 45% of the market, driven by Binance's bStocks
Why it matters: Tokenized equities are shifting on-chain activity from memecoins toward real-world assets, intensifying competition among networks for institutional capital.
Source: CoinDesk Japan