Tokenized stocks reached a record market capitalization of $2.3 billion, driven by expanding activity across several blockchain networks. BNB Chain captured 30 percent of that total, according to recent on-chain analysis, positioning it as the leading chain for digital representations of traditional equity assets.
The network's performance extends beyond market cap share. BNB Chain registered over $5.2 billion in tokenized stock trading volume and now hosts nearly $4 billion in distributed RWA value across a range of tokenized instruments. The number of RWA holders on BNB Chain climbed 55.65 percent over the past 30 days.
Solana dominates the tokenized ETF sector, accounting for approximately 67.2 percent of all tokenized ETF activity. Ethereum holds around 10.3 percent of that market; BNB Chain accounts for approximately 17.7 percent. Both Solana and BNB Chain benefit from low fees and fast settlement, which matter for high-frequency trading and capital efficiency in tokenized products.
Traditional equity settlement typically requires up to four intermediaries and three business days. On-chain settlement compresses that materially.
The DTCC entering blockchain trading provides institutional backdrop for the market's expansion.
At $2.3 billion, tokenized stocks remain a fraction of global equities, which are valued well north of $100 trillion. Competition among BNB Chain, Solana and Ethereum for tokenized asset flows will be driven by transaction costs, throughput and developer ecosystems as more traditional assets migrate on-chain.
