Tokenized Stocks Concentrated on Just Three Blockchains

The tokenized stock market is heavily concentrated on three blockchains: Ethereum, Solana, and BNB Chain. According to Sentora's report, these networks account for nearly 94% of the total market capitalization of tokenized stocks.

Ethereum leads with a 49% share, followed by Solana at 23%, and BNB Chain at 22%. This concentration highlights the dominance of these networks in the emerging asset class.

The remaining 6% is distributed across other blockchains, including Polygon, Avalanche, and others. However, their combined share remains minimal.

This concentration may have implications for investors and developers, as network congestion or regulatory actions on any of these chains could disproportionately affect the broader tokenized stock market.