DeFi· ★★· bullish·

BNB Chain launches $20K hackathon to advance tokenized stocks

  • —Hackathon prize pool is $20,000, with applications open from September 16 to October 11
  • —Tokenized stock trading volume on BNB Chain has exceeded $5.2 billion
  • —Trading volume topped $1 billion over the Labor Day weekend
  • —BNB Chain accounts for up to 30% of global tokenized stock market capitalization
Why it matters: The growth of tokenized stocks intensifies BNB Chain's competition with Ondo and Ethereum for the RWA market and draws liquidity into the ecosystem.
#BNB
Source: Crypto Briefing
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