$BNB is still pretty impressive. In the first half of the year, I said RWA would be a major tailwind for $ETH Ethereum, because many real-world assets would flow first to more decentralized, safer, and more robust on-chain networks.
I didn’t expect Binance to emerge out of nowhere, approach the market from the US stocks angle, and capture 61% of the entire market’s trading volume in tokenized US stocks. BSC is now the top chain by share of tokenized stock trading.
By comparison, Robinhood Chain, which was all the rage before, has fallen off the map. And that’s not to mention $ONDO Ondo Finance, the leader in US Treasury RWA and a project that many pinned their hopes on last year. I thought its edge in tokenized US Treasuries would give it a chance to break into tokenized US stocks, but it hasn’t gotten a single slice of the pie.
Let me say it again: BNB is awesome!
I didn’t expect Binance to emerge out of nowhere, approach the market from the US stocks angle, and capture 61% of the entire market’s trading volume in tokenized US stocks. BSC is now the top chain by share of tokenized stock trading.
By comparison, Robinhood Chain, which was all the rage before, has fallen off the map. And that’s not to mention $ONDO Ondo Finance, the leader in US Treasury RWA and a project that many pinned their hopes on last year. I thought its edge in tokenized US Treasuries would give it a chance to break into tokenized US stocks, but it hasn’t gotten a single slice of the pie.
Let me say it again: BNB is awesome!
