Tokenized Stocks Approach $3.9 Billion as BNB Chain,…
By Karthik Subramanian
AI summary of the source article
The market for tokenized stocks and ETFs approached $3.8 billion, expanding more than fivefold since January. BNB Chain, Ethereum, and Solana represent roughly 74% of the sector, with BNB Chain leading at approximately $1.2 billion.
Why it matters
Its significance lies primarily in the potential to improve settlement efficiency, extend trading availability and enable securities to interact with programmable financial infrastructure.
Key facts
- BNB Chain led the tokenized equities market with approximately $1.2 billion, followed by Ethereum at $841.4 million and Solana at $753.4 million.
- The market grew more than fivefold from approximately $719 million in January to a record $3.8 billion in October.
- Securitize launched 12 tokenized U.S. equities on Solana on October 8, while OKX and Intercontinental Exchange's joint venture OKXICE filed to launch a trading platform.
Source excerpt · FinanceFeeds
The market for tokenized stocks and exchange-traded funds has approached $3.9 billion in value, extending a rapid expansion that has made blockchain-based equities one of the fastest-growing segments of real-world asset tokenization. Token Terminal-based figures reported on October 6 placed the market at a record $3.8 billion, with BNB Chain, Ethereum and Solana collectively accounting for approxi…