BNB Chain has become the first blockchain network to surpass $1 billion in tokenized stocks and exchange-traded funds. This milestone coincides with the total market capitalization for these assets reaching $3.7 billion, according to data from Token Terminal.
The broader market for tokenized securities grew by approximately 17 percent in September, rising from $2.87 billion in August to $3.35 billion. BNB Chain currently holds a 30 percent market share, followed by Ethereum with $828 million and Solana with $738 million.
Data from Binance Research indicates that BNB Chain accounts for 45 percent of all addresses holding tokenized stocks, totaling 1.8 million unique addresses. The network supports various financial products, including Binance bStocks and tokenized securities from Ondo Global Markets.
The sector has experienced significant expansion throughout the year, growing more than fivefold from $719 million in January. At the start of the year, Ethereum led the market with a 48 percent share, while Solana held 31 percent and BNB Chain accounted for 13 percent.
