BNB Chain crosses $1B in tokenized stocks, ETFs as market hits $3.7B
Tokenized stocks and ETFs on BNB Chain reached $1.1 billion, making BNB Chain the first blockchain to surpass $1 billion in tokenized equities and pushing the broader tokenized market to roughly $3.7 billion. Ethereum and Solana hold the next largest shares at $828 million and $738 million respectively, according to Token Terminal and Binance Research data cited in Cointelegraph.
Why It Matters
The milestone signals shifting network share within the fast-growing tokenized-assets sector, with BNB Chain gaining significant market presence and a large holder base. These changes reflect rapid expansion in tokenized securities since January and could affect where issuers and traders concentrate activity.
Key Facts
- BNB Chain tokenized market cap: $1.1 billion
- Total tokenized stocks and ETFs market (as cited): $3.7 billion
- Token Terminal September figure: $3.35 billion (up ~17% from $2.87 billion in August)
- Ethereum tokenized market cap: $828 million (about 22%)
- Solana tokenized market cap: $738 million (about 20%)
BNB Chain has become the first blockchain to top $1 billion in tokenized stocks and exchange-traded funds, with its sector market capitalization reported at $1.1 billion. Cointelegraph cites Token Terminal and research from Binance to place the overall tokenized-stocks-and-ETFs market at roughly $3.7 billion, with BNB Chain holding about 30% of that total. Token Terminal data also show the sector’s market cap rising by about 17% month-over-month to $3.35 billion in September from $2.87 billion in August. Within that broader market, Token Terminal lists Ethereum at $828 million (around 22%) and Solana at $738 million (around 20%). Binance Research reported that BNB Chain led in holder counts, with approximately 1.8 million addresses owning tokenized stocks — about 45% of the total holders across networks. The chain supports tokenized products such as Binance bStocks and offerings from Ondo Global Markets, among others. The tokenized-assets market has expanded rapidly since the start of the year: Token Terminal data show growth from $719 million in January to the current multi-billion-dollar level. Market share has shifted in that period — in January Ethereum represented about 48% of the sector, Solana 31% and BNB Chain 13% — reflecting a redistribution of assets among blockchains over recent months.
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