BNB Chain crosses $1B in tokenized stocks, ETFs as market hits $3.7B

Tokenized stocks and ETFs on BNB Chain reached $1.1 billion as the broader market climbed to $3.7 billion, putting the network’s share at roughly 30%.

BNB Chain has become the first blockchain to cross $1 billion in tokenized stocks and exchange-traded funds (ETFs).

The market capitalization of the tokenized stocks and ETFs rose around 17% to $3.35 billion in September from $2.87 billion in August, according to Token Terminal data.

The sector’s market cap on BNB Chain stood at $1.1 billion at the time of publication, accounting for roughly 30% of the $3.7 billion market, followed by Ethereum at $828 million, or 22%, and Solana at $738 million, or 20%.

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