BNB Chain is the first blockchain to surpass $1 billion in tokenized stocks and ETFs, with $1.1 billion on the network out of a total market capitalization of $3.7 billion, representing a share of about 30%.
The market grew by about 17% in September to $3.35 billion
The capitalization of the tokenized stocks and ETF segment increased from $2.87 billion to $3.35 billion in September. Following BNB Chain, Ethereum holds $828 million (22%) and Solana $738 million (20%).
1.8 million addresses on BNB Chain hold tokenized stocks
BNB Chain leads in the number of addresses holding tokenized securities, with 1.8 million addresses, or 45% of the total, according to a Binance Research report on Tuesday. The network offers Binance bStocks products and tokenized securities from Ondo Global Markets.
Volume has increased more than fivefold since January
The sector has grown more than fivefold from $719 million in January. At that time, the distribution was different: Ethereum held about 48%, Solana 31%, and BNB Chain 13%.
