BNB Chain has become the first blockchain to surpass $1 billion in tokenized stocks and exchange-traded funds, securing a leading position in this rapidly growing sector.
Market share and growth
The market capitalization for tokenized stocks and ETFs climbed to $3.35 billion in September, up 17% from $2.87 billion in August, based on Token Terminal figures.
At the time of reporting, BNB Chain represented a $1.1 billion market cap, making up nearly 30% of the sector’s $3.7 billion valuation. Ethereum ranked next with $828 million, amounting to 22%, while Solana recorded $738 million, equivalent to 20% of the total market cap.
| Blockchain | Market Cap (USD) | Market Share (%) |
|---|---|---|
| BNB Chain | $1.1 billion | 30% |
| Ethereum | $828 million | 22% |
| Solana | $738 million | 20% |
Token Terminal’s data shows the sector has expanded rapidly since January, surging from $719 million to the current multibillion-dollar level. During the start of the year, Ethereum held about 48% of the market share, Solana 31%, and BNB Chain just 13%.
Dominance in user base
BNB Chain also leads in user adoption, with 1.8 million unique addresses holding tokenized stocks. This represents 45% of the total users active within the sector, according to Binance Research. The BNB Chain network is home to products such as Binance bStocks and Ondo Global Markets tokenized securities, which contribute to its user base and liquidity.
Mini dictionary: BNB Chain, formerly Binance Smart Chain, is a blockchain platform focused on decentralized applications, token issuance, and high-speed transactions, developed by Binance, a major global cryptocurrency exchange.
BNB Chain boasts 1.8 million addresses holding tokenized stocks, accounting for 45% of all participants in this market, as stated by Binance Research.
Sustained sector expansion
The overall market for tokenized assets has grown more than fivefold since January. Analysts note that this sector’s rapid expansion signals increased integration of traditional financial instruments, such as stocks and ETFs, onto blockchain networks. Tokenization allows for greater accessibility, enabling users to buy and sell fragments of real-world assets on decentralized platforms.
By September, despite shifts in market share, the sector maintained strong momentum as BNB Chain’s share continued to rise alongside investor and product interest.
Tokenized stocks and ETFs have grown from $719 million in January, highlighting accelerated adoption of real-world assets in decentralized markets.
