#bnb链代币化股票规模破10亿美元占市场30%
A $1 billion-plus public blockchain has emerged—neither Ethereum nor Solana 🦖
⚡ 有大动静群里说
The tokenized stocks and ETFs on the BNB Chain have surged to $1.1 billion, becoming the first public blockchain in the whole industry to cross the $1 billion mark. The entire tokenized stocks market has also grown from $2.87 billion in August to $3.7 billion—BNB alone accounts for roughly 30%.
Let’s first make clear the weight of these numbers. Back in January this year, the tokenized stocks market was only $719 million. At that time, Ethereum accounted for 48%, Solana 31%, and the BNB Chain just 13%. More than nine months later, the landscape has been completely reshaped: the BNB Chain took $1.1 billion and 30% share, Ethereum fell to $828 million (22%), and Solana was $738 million (20%). The overall market expanded more than fivefold, yet BNB’s share has risen by more than double.
More importantly: the users. On the BNB Chain, 1.8 million addresses hold tokenized stocks, representing 45% of the whole network—almost matching the combined total of the next few players. In a Tuesday report, Binance Research specifically called out that tokenized securities from Binance bStocks and Ondo Global Markets are running on the BNB Chain. This isn’t tech flexing—it’s a win for distribution channels.
⚠️ My take: Over the past couple of days, everyone has been watching Bitcoin surge toward $86,000, but the real undercurrent is that “stocks on-chain” is moving from concept to a licensing business. The SEC has just granted a five-year innovation exemption for tokenized stocks. Cboe and S&P are also moving index options on-chain, and Robinhood’s crypto chief is still complaining that the exemption terms are too tightly constrained. In other words, this isn’t crypto-project in-fighting—it’s the first time on-chain brokers and traditional brokers are going head-to-head for turf. BNB is winning with a massive retail user base, forcing its share from 13% up to 30%; meanwhile, what Ethereum has lost is precisely the institutional narrative it used to pride itself on.
💥 One-line translation: When everyone is chasing AI and memes, institutions are quietly moving stocks on-chain—and the chain that grabs the most chips is the one that’s most “grounded in reality.”
Do you think tokenized stocks will become the next trillion-dollar track, just like stablecoins? Let’s discuss in the comments.
Click the avatar to watch the livestream
Every day, I’ll help you stay on top of BNB hot spots—not just what’s happening in the news, but also the logic and opportunities behind it 👀🚀
A $1 billion-plus public blockchain has emerged—neither Ethereum nor Solana 🦖
⚡ 有大动静群里说
The tokenized stocks and ETFs on the BNB Chain have surged to $1.1 billion, becoming the first public blockchain in the whole industry to cross the $1 billion mark. The entire tokenized stocks market has also grown from $2.87 billion in August to $3.7 billion—BNB alone accounts for roughly 30%.
Let’s first make clear the weight of these numbers. Back in January this year, the tokenized stocks market was only $719 million. At that time, Ethereum accounted for 48%, Solana 31%, and the BNB Chain just 13%. More than nine months later, the landscape has been completely reshaped: the BNB Chain took $1.1 billion and 30% share, Ethereum fell to $828 million (22%), and Solana was $738 million (20%). The overall market expanded more than fivefold, yet BNB’s share has risen by more than double.
More importantly: the users. On the BNB Chain, 1.8 million addresses hold tokenized stocks, representing 45% of the whole network—almost matching the combined total of the next few players. In a Tuesday report, Binance Research specifically called out that tokenized securities from Binance bStocks and Ondo Global Markets are running on the BNB Chain. This isn’t tech flexing—it’s a win for distribution channels.
⚠️ My take: Over the past couple of days, everyone has been watching Bitcoin surge toward $86,000, but the real undercurrent is that “stocks on-chain” is moving from concept to a licensing business. The SEC has just granted a five-year innovation exemption for tokenized stocks. Cboe and S&P are also moving index options on-chain, and Robinhood’s crypto chief is still complaining that the exemption terms are too tightly constrained. In other words, this isn’t crypto-project in-fighting—it’s the first time on-chain brokers and traditional brokers are going head-to-head for turf. BNB is winning with a massive retail user base, forcing its share from 13% up to 30%; meanwhile, what Ethereum has lost is precisely the institutional narrative it used to pride itself on.
💥 One-line translation: When everyone is chasing AI and memes, institutions are quietly moving stocks on-chain—and the chain that grabs the most chips is the one that’s most “grounded in reality.”
Do you think tokenized stocks will become the next trillion-dollar track, just like stablecoins? Let’s discuss in the comments.
Click the avatar to watch the livestream
Every day, I’ll help you stay on top of BNB hot spots—not just what’s happening in the news, but also the logic and opportunities behind it 👀🚀
