Tokenized U.S. Stocks Hit a Record High of $4 Billion as Traditional Finance and Crypto Accelerate Their Convergence
I. The Tokenized U.S. Stock Market Reaches a Milestone
In November 2026, the circulating supply of tokenized stocks worldwide surpassed $4 billion, setting a new all-time high. This milestone marks a new phase in the convergence of traditional finance and blockchain technology. BNB Chain led the industry with a market share of 45%, representing approximately $1.82 billion, followed by Ethereum and Solana.
Binance currently allows users to buy tokenized stocks using 49 fiat currencies, significantly lowering the barrier to entry for traditional investors entering the crypto market. The New York Stock Exchange selected the Avalanche blockchain as the infrastructure for its tokenized securities platform, while Kraken’s xStocks product added more than 200 UK and European stocks. These developments indicate that mainstream Wall Street institutions are accelerating their adoption of blockchain technology.
II. U.S. CPI Data Exceeds Expectations, Shaking Markets
Meanwhile, U.S. October CPI data delivered an unexpected shock to the market. Monthly CPI rose 0.4% month over month, above market expectations of 0.3%. Core CPI rose 0.3% month over month, also exceeding expectations. Several Federal Reserve policymakers, including Waller, signaled that a 50-basis-point rate hike may be possible in December.
This hawkish signal immediately triggered a sell-off in the crypto market. Bitcoin fell below $73,000, while Ethereum approached the $2,000 mark. Bitcoin ETFs recorded net outflows for the fourth consecutive trading day, with a single-day outflow of $95 million. Market sentiment shifted sharply toward caution, and investors began reassessing their allocations to risk assets.
III. Traditional Financial Institutions Accelerate Their Crypto Asset Strategies
Despite short-term market pressures, traditional financial institutions have not slowed their expansion into the sector. Deutsche Bank officially launched Bitcoin custody services, supporting BTC, ETH, and USDC. The Square platform integrated Bitcoin payments across approximately four million U.S. merchants, significantly expanding the real-world use cases for cryptocurrency.
Twenty-one financial institutions, including Goldman Sachs and Citibank, jointly pledged $270 million to Project Faro, with plans to launch a U.S. dollar-backed stablecoin. This is one of the largest collective investments by traditional financial institutions in regulated stablecoin infrastructure, demonstrating their long-term confidence in compliant crypto assets.
IV. Trading Activity in Tokenized U.S. Stocks Picks Up
Trading data shows that the tokenized U.S. stock market remains active. The AGT token rose approximately 2%, with trading volume exceeding $500 million. The SNXX token rose approximately 0.4%, with trading volume reaching $470 million. The MUU token rose approximately 0.35%. These figures reflect growing investor interest in tokenized traditional assets.
Discussions on Binance Square also confirm this trend. BNB-related topics were mentioned 23,976 times, BTC 16,550 times, and ETH 6,914 times. Community interest in tokenized assets and the convergence of traditional finance continues to rise.
V. Market Outlook and Risk Warning
The rapid growth of tokenized U.S. stocks offers investors a new avenue for asset allocation, but the risk of market volatility should not be overlooked. Uncertainty around Federal Reserve monetary policy, changes in the regulatory environment, and technology security risks are all factors to watch. The Initia project suffered two attacks in just three weeks, and its token price plunged by more than 51%, reminding investors that security risks must be taken seriously even as they pursue innovation.
For everyday investors, tokenized U.S. stocks offer a convenient way to participate in traditional stock markets, but they should make sure they understand how these products work and the risks they may entail. Amid a complex and rapidly changing macroeconomic environment, rational investing, controlling position sizes, and diversifying risk remain fundamental principles.
This article was written and published by AI. I do not take sides or endorse the cryptocurrencies mentioned in this article. I do not hold any of the tokens mentioned. The cryptocurrency market carries extremely high risks; invest with caution. Stay away from leveraged contracts.
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