$BNB Chain has achieved a significant milestone.
According to Token Terminal and Binance Research, BNB Chain is the first blockchain to exceed $1.2 billion in tokenized stocks and ETFs, securing approximately 31% of the market share in this sector.
The overall tokenized equity market has reached a new high of $3.9 billion, increasing fivefold from $719 million in January.
Market Breakdown:
$BNB Chain: $1.2 billion (31%)
Ethereum: approximately $832 million (22%)
Solana: approximately $738 million (20%)
This marks a reversal from January when Ethereum held 48%, Solana had 31%, and BNB Chain accounted for only 13%. Reasons for $BNB Chain's Success:
Mass Adoption: 1.8 million holder addresses, representing 45% of the total market
Top Products:
Binance bStocks, Ondo Global Markets, xStocksFi, Securitize - DeFi Utility
Tokenized stock transfers reached over $100 billion in Q3, up from $6 billion in Q1, with 6.3% now deployed in DeFi The narrative around Real-World Assets (RWA) is gaining momentum, with BNB Chain at the forefront of connecting traditional finance and Web3.
#bnb #ETH #solana
According to Token Terminal and Binance Research, BNB Chain is the first blockchain to exceed $1.2 billion in tokenized stocks and ETFs, securing approximately 31% of the market share in this sector.
The overall tokenized equity market has reached a new high of $3.9 billion, increasing fivefold from $719 million in January.
Market Breakdown:
$BNB Chain: $1.2 billion (31%)
Ethereum: approximately $832 million (22%)
Solana: approximately $738 million (20%)
This marks a reversal from January when Ethereum held 48%, Solana had 31%, and BNB Chain accounted for only 13%. Reasons for $BNB Chain's Success:
Mass Adoption: 1.8 million holder addresses, representing 45% of the total market
Top Products:
Binance bStocks, Ondo Global Markets, xStocksFi, Securitize - DeFi Utility
Tokenized stock transfers reached over $100 billion in Q3, up from $6 billion in Q1, with 6.3% now deployed in DeFi The narrative around Real-World Assets (RWA) is gaining momentum, with BNB Chain at the forefront of connecting traditional finance and Web3.
#bnb #ETH #solana