BNB Chain Leads with $1 Billion in Tokenized Stocks and ETFs
- BNB Chain is the first blockchain to surpass $1 billion in tokenized stocks and ETFs.
- Market capitalization of tokenized stocks and ETFs increased by approximately 17% from $2.87 billion in August to $3.35 billion in September.
- At publication, BNB Chain’s market cap for tokenized assets was $1.1 billion, making up around 30% of the total market.
- Ethereum follows with a market cap of $828 million (22%), while Solana holds $738 million (20%).
- BNB Chain has about 1.8 million addresses holding tokenized stocks, representing roughly 45% of the total.
- The sector has grown over fivefold from a market cap of $719 million in January.
The significant growth in tokenized stocks and ETFs on BNB Chain underscores its dominance, as it now leads the market with a substantial share compared to other blockchains like Ethereum and Solana.
As of now, BNB Chain’s tokenized asset market cap stands at $1.1 billion, reflecting its rapid expansion within the overall market valued at $3.7 billion.(Source)
