Data: The market capitalization of tokenized stocks and ETFs on BNB Chain has surpassed 1 billion USD

According to Cointelegraph, BNB Chain has become the first blockchain for tokenized stocks and ETFs to surpass a market capitalization of $1 billion. Data from Token Terminal shows that the total market capitalization of tokenized stocks and ETFs rose from $2.87 billion in August to approximately $3.35 billion in September, an increase of about 17%.

The market capitalization in this field on BNB Chain reached $1.1 billion, accounting for about 30% of the $3.7 billion market, followed by Ethereum at $828 million, accounting for 22%, and Solana at $738 million, accounting for 20%. A report from Binance Research stated that BNB Chain also leads with 1.8 million addresses holding tokenized stocks, representing 45% of the total, with its network supporting products such as Binance bStocks and Ondo Global Markets tokenized securities.

Tokenized stocks and ETFs have grown more than five times from $719 million in January, when Ethereum accounted for about 48%, Solana for 31%, and BNB Chain only for 13%.