Tokenized stocks are becoming one of the most important parts of the on-chain economy.

According to Binance Research, tokenized stocks crossed US$3 billion in September, up from around US$0.7 billion at the start of 2026. This makes equities the fastest-growing RWA category this year.

But the real story is not just issuance. It is usage.
More than US$100 billion in tokenized stock transfers moved on-chain during Q3, more than 16 times the Q1 level. These assets are now being traded, added to liquidity pools, lent, and used as collateral.

BNB Chain is leading this shift with:
• More than US$1 billion in tokenized stock value
• 34% of the total market
• 1.8 million holders
• 45% of the total holder share

bStocks has also reached around US$0.8 billion since launching in late June, representing roughly one quarter of the sector.

What stands out to me is that tokenized stocks are no longer just digital versions of shares. They are becoming active financial assets that can move and work on-chain.

Clear backing, deeper liquidity, and more DeFi utility would make me more comfortable moving a larger share of my portfolio on-chain.

What would you tokenize next: bonds, real estate, gold, or something completely different?

Read the full Binance Research report:
https://www.binance.com/en/research/analysis/rewriting-the-on-chain-economy