Tokenized stocks accounted for 99.3% of the $14.4 billion in onchain trading volume outside the US over the last 30 days. As of September 2026, the market capitalization of these assets is estimated between $3 billion and $4.8 billion, up from approximately $600 million.
The number of holders has surpassed 4 million, with an average individual position of around $780. Monthly onchain trading volume hit a record $15.6 billion in September 2026. Platforms such as Binance, Kraken, and Robinhood lead the market, while BNB Chain and Solana serve as the primary infrastructure.
BNB Chain held approximately 34% of trading activity in mid-September 2026. Only 2% to 6% of tokenized stocks are currently utilized as collateral, indicating that most users hold or trade them rather than using them in lending protocols.
An SEC innovation exemption introduced in September 2026 facilitated easier access for non-US users. Despite rapid growth, tokenized stocks remain a small segment of the broader real-world assets economy and traditional equity markets.
