BNB Chain Tops $1 Billion in Tokenized Stocks and ETFs
BNB Chain has become the first blockchain network to surpass $1 billion in tokenized stocks and exchange-traded funds, according to data from Token Terminal. This milestone highlights the rapid growth of traditional financial instruments on decentralized infrastructure.
The sector's overall market capitalization reached $3.35 billion in September, a 17% increase from August, with BNB Chain accounting for approximately 30% or $1.1 billion of that total. Ethereum held the second position with $828 million, representing 22% of the market, while Solana followed closely at $738 million or 20%.
BNB Chain's lead extends beyond market capitalization, with 1.8 million unique addresses holding tokenized stocks on its network, which represents 45% of all participants active in the sector. The ecosystem hosts products including Binance bStocks and Ondo Global Markets tokenized securities.