Exchanges· ★★★· neutral·

Binance's Richard Teng says tokenized stock demand is strong, but information flow lags

  • —Teng said information flow, not demand, is the main constraint on tokenizing private markets
  • —Tokenized stocks passed $3 billion in on-chain value by September 2026
  • —BNB Chain accounts for roughly $1 billion of that total and 1.8 million holders
  • —47% of trading volume in Binance stock-referenced products occurs outside market hours
Why it matters: If disclosure is the bottleneck, the next phase of tokenization will be won by whoever solves information flow, not whoever mints the most tokens.
Source: Crypto Briefing