BNB Chain Crosses $1B in Tokenized Stocks, ETFs — SkimNews
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- BNB Chain crossed $1 billion in tokenized stocks and ETFs as the broader market hit $3.7 billion, per a Binance Research report released Tuesday
- BNB Chain led all networks with 1.8 million addresses holding tokenized stocks, accounting for 45% of the total
- The network hosts tokenized securities products including Binance bStocks and Ondo Global Markets
- Tokenized stocks and ETFs have grown more than fivefold from $719 million in January, according to Token Terminal data
- The market has reshuffled sharply since January, when Ethereum held 48% share, Solana 31%, and BNB Chain just 13%
- Separate Dune research found that tokenized assets don't always mirror the traditional markets they're meant to track, a caveat to the rapid growth
Why it matters: BNB Chain's address share jumped from 13% to 45% in under a year while the overall market more than fivefold'd to $3.7 billion — Binance's chain now leads a segment once dominated by Ethereum (48% in January) and Solana (31%), with 1.8 million holders concentrated on a single network.
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