$ETH and its Layer 2 networks still hold a strong position in non-custodial tokenized stocks, with about $1.14B sitting outside exchange wallets.
Solana follows with roughly $660M, while BNB Chain has around $440M in non-custodial holdings.
The key detail is custody: BNB Chain’s overall tokenized-stock value is much larger, but a significant portion remains held through exchange-linked custody.
The numbers point to two different sides of the tokenized-stock market: Ethereum has deeper wallet-held liquidity, while BNB Chain has rapidly expanded its overall stock-token supply.
BNB Chain crossed $1B in tokenized stocks and ETFs in October, while platforms such as Ondo now support tokenized equities across Ethereum, Solana and BNB Chain, with 24/7 onchain transfers and, for selected assets, 24/7 minting andrredemption
#Ethereum #Layer 2, the friend or enemy to Ethereum?#
Solana follows with roughly $660M, while BNB Chain has around $440M in non-custodial holdings.
The key detail is custody: BNB Chain’s overall tokenized-stock value is much larger, but a significant portion remains held through exchange-linked custody.
The numbers point to two different sides of the tokenized-stock market: Ethereum has deeper wallet-held liquidity, while BNB Chain has rapidly expanded its overall stock-token supply.
BNB Chain crossed $1B in tokenized stocks and ETFs in October, while platforms such as Ondo now support tokenized equities across Ethereum, Solana and BNB Chain, with 24/7 onchain transfers and, for selected assets, 24/7 minting andrredemption
#Ethereum #Layer 2, the friend or enemy to Ethereum?#