Tokenized Stocks Add Record 928K Holders in August

The number of tokenized stock holders on platforms like Token Terminal has more than doubled in August, according to recent data. A total of 928.4K new holders were added in the month, marking a growth of around 120% from the previous month's count of roughly 771K.

This significant increase represents the biggest monthly gain on record for tokenized stocks, with August accounting for around 55% of all asset holder growth since Token Terminal began tracking this metric.

The $BNB Chain led the pack in terms of asset holders by chain, followed closely by Robinhood Chain. Binance's bStocks was the standout issuer, growing from 52.9K holders in July to second spot with 464.7K holders, overtaking xStocks.

The growth can be attributed to two main factors: Binance waiving maker fees across all bStocks trading pairs through August and Robinhood Crypto's aggressive listing expansion, including the addition of 100 new stock tokens on August 13.