Tokenized stocks are gaining traction quickly.
According to CryptoRank, the number of wallets holding tokenized stocks doubled in August, rising from about 1 million to 2 million.
Robinhood Chain, $BNB Chain and $SOL Chain captured roughly 95% of those holders, putting these three networks at the center of the growing market for bringing traditional equities onto blockchain rails.
Weekly spot volume approached $3 billion in early August, while the value locked in tokenized stocks passed $110 million by late August.
Robinhood Chain has also expanded its tokenized-stock offering, while Solana and BNB continue to host major tokenized-equity activity.
#BNBChain# #ROBINHOOD #Solana #Macro Insights#
According to CryptoRank, the number of wallets holding tokenized stocks doubled in August, rising from about 1 million to 2 million.
Robinhood Chain, $BNB Chain and $SOL Chain captured roughly 95% of those holders, putting these three networks at the center of the growing market for bringing traditional equities onto blockchain rails.
Weekly spot volume approached $3 billion in early August, while the value locked in tokenized stocks passed $110 million by late August.
Robinhood Chain has also expanded its tokenized-stock offering, while Solana and BNB continue to host major tokenized-equity activity.
#BNBChain# #ROBINHOOD #Solana #Macro Insights#
