Tokenized stocks hit a record $3.9 billion in market capitalization, according to Token Terminal data. BNB Chain led all networks with $1.2 billion in tokenized equities, followed by Ethereum at $841.9 million and Solana at $741.7 million.
Together the three chains account for roughly 70% of the entire tokenized stock market, showing that the sector's growth is concentrating on a handful of ecosystems rather than spreading evenly across the long tail of chains.
Why it matters
Tokenized equities are one of the fastest-growing corners of real-world asset tokenization, giving on-chain traders around-the-clock exposure to public stocks without a brokerage. BNB Chain's lead signals that retail-facing venues are capturing much of the new demand, while Ethereum's share reflects its institutional and DeFi infrastructure depth.
Market impact
The record total confirms rising demand for on-chain stock exposure and puts BNB Chain, Ethereum and Solana at the center of the RWA race. Watch whether new issuance spreads to other networks or whether the top three consolidate their 70% dominance further.
Frequently asked questions
-
How large is the tokenized stock market now?
Tokenized stocks reached a record $3.9 billion in total market capitalization, according to Token Terminal data.
-
Which blockchain leads in tokenized stocks?
BNB Chain leads with $1.2 billion in tokenized equities, ahead of Ethereum at $841.9 million and Solana at $741.7 million.
-
What share of tokenized stocks do the top three chains hold?
BNB Chain, Ethereum and Solana together account for roughly 70% of the entire tokenized stock market.
-
What are tokenized stocks?
They are blockchain-based tokens representing exposure to public equities, letting on-chain traders access stock exposure around the clock without a traditional brokerage.
-
Why is BNB Chain ahead of Ethereum in tokenized equities?
BNB Chain's lead suggests strong retail-facing demand on that network, while Ethereum's large share reflects its deep institutional and DeFi infrastructure.
WuBlockchain