The market capitalization of tokenized stocks and ETFs on BNB Chain has surpassed 1 billion USD

According to Cointelegraph, BNB Chain has become the first blockchain for tokenized stocks and ETFs to surpass a market capitalization of 1 billion dollars. Data from Token Terminal shows that the total market capitalization of tokenized stocks and ETFs rose from 2.87 billion dollars in August to approximately 3.35 billion dollars in September, an increase of about 17%.

The market capitalization in this field on BNB Chain reached 1.1 billion dollars, accounting for about 30% of the 3.7 billion dollar market, followed by Ethereum at 828 million dollars, accounting for 22%, and Solana at 738 million dollars, accounting for 20%. A report from Binance Research states that BNB Chain also leads with 1.8 million addresses holding tokenized stocks, making up 45% of the total, with its network supporting products such as Binance bStocks and Ondo Global Markets tokenized securities.

Tokenized stocks and ETFs have grown more than five times from 719 million dollars in January, when Ethereum accounted for about 48%, Solana for 31%, and BNB Chain only for 13%.