Tokenized U.S. stocks soar 390%: the convergence of Wall Street and the crypto world is accelerating
1. Tokenized stocks see explosive growth
In the third quarter of 2026, the global tokenized stock market delivered an impressive performance. Binance CEO Changpeng Zhao said in his latest public remarks that tokenized stocks surged 390% over the past year. Even so, tokenized stocks currently account for only 0.0029% of the total market capitalization of globally listed stocks, which stands at $1.519 trillion. The figure not only highlights the astonishing growth rate of this track, but also reveals the enormous untapped potential behind it.
Even more noteworthy are structural changes. In September, tokenized stocks’ share of trading volume on decentralized exchanges reached 11%, quickly narrowing the gap with memecoins’ 17% share. This indicates that on-chain capital is rotating structurally from speculative assets to real-world assets—tokenized U.S. stocks are becoming the new main storyline in the crypto market.
2. U.S. inflation cooling opens a window for risk assets
On the macro front, the U.S. August core PCE price index rose 3.0% year over year, below market expectations of 3.3%, hitting a new low since February. This data directly pushed Goldman Sachs to move its Federal Reserve rate-hike outlook from October to December, giving risk assets a valuable time window.
The softer inflation data significantly improved market sentiment. Bitcoin spot ETFs have recorded net inflows for multiple consecutive days, and traders are repricing the expected path of monetary policy ahead of year-end. For tokenized U.S. stocks, a more accommodative macro outlook suggests that more traditional capital may allocate to U.S. equities via on-chain channels, further boosting trading activity in tokenized stocks.
3. Institutional-grade infrastructure accelerates rollout
On the infrastructure side, several major developments are paving the way for tokenized U.S. stocks. OUSD stablecoin, issued by Bridge under Stripe and custodied by BlackRock and Bank of New York Mellon, was officially launched. It supports multi-chain deployment across Base, Ethereum, Solana, and more, and will connect to Coinbase on October 1. This infrastructure, backed by major players from traditional finance, provides an institutional-level foundation of trust for the settlement and circulation of tokenized assets.
Meanwhile, on September 30, the UK Financial Conduct Authority officially opened the application channel for crypto licenses. Firms will be required to obtain full licenses by October 25, 2027, or else they must stop providing regulated crypto services in the UK. Applicants must segregate customers’ crypto assets, meet a 40% capital requirement, and demonstrate operational and risk-control capabilities comparable to those of traditional financial institutions. As this regulatory framework takes effect, it will open a compliant pathway for tokenized U.S. stocks to enter the European market.
4. Plaza community enthusiasm keeps rising
According to community data from Binance Square, BNB leads the hottest token list with 3,801 mentions, followed by BTC with 3,687 mentions, and SOL with 2,046 mentions in third place. Notably, BTC’s bullish sentiment is clearly stronger than its bearish sentiment: the bullish-to-bearish ratio is 3 to 1, reflecting that the community remains optimistic about the outlook.
In terms of topic tags, Ethereum’s 70.9% gain in the third quarter and the U.S. 10-year Treasury yield nearing 5.3% are the two most discussed themes. They respectively represent bullish sentiment in the crypto market and interest-rate pressure in traditional financial markets. The parallel rise of these two topics mirrors the market’s central tension: crypto assets are accelerating upward amid institutionalization, while the traditional interest-rate environment still constrains overall risk appetite.
5. Outlook and risk warnings
A 390% growth in tokenized U.S. stocks is undoubtedly a milestone, but the 0.0029% penetration rate also reminds us that this track is still in a very early stage. With the rollout of institutional-grade stablecoins like OUSD, with regulatory frameworks in markets such as the UK becoming clearer step by step, and with further clarification of the Fed’s policy path, tokenized U.S. stocks are expected to continue expanding their influence in the crypto ecosystem into the fourth quarter of 2026.
However, investors also need to stay clear-headed. In September, the crypto industry suffered $768 million in hacker attacks, setting the highest single-month record of the year. The frequency of security incidents serves as a reminder that while pursuing innovation, the safety of assets and risk management cannot be overlooked.
#EtherGains70.9%InQ3 #US10YearYieldNears5.3% #TokenizedEquities