Tokenized Stocks Grab 11% Of DEX Trading, Closing On Meme Coins

Tokenized stocks have experienced a rapid ascent in decentralized exchange (DEX) activity, capturing 11% of total trading volume in September 2026. This growth marks a significant shift from near-zero activity levels observed throughout 2025 and early 2026, positioning the asset class as a direct competitor to meme coins. According to Binance Research, the market capitalization for tokenized stocks surpassed $3 billion in late September, while on-chain transfer volumes surged from $6 billion in Q1 to over $100 billion by Q3. BNB Chain has emerged as a key infrastructure provider, hosting approximately $1 billion in tokenized stock assets. This trend highlights the evolution of on-chain economies from purely crypto-native assets toward a hybrid financial network where traditional equities trade on always-on blockchain rails. The narrowing gap between tokenized stocks and the 17% share held by meme coins underscores a broader institutional and retail appetite for conventional assets in DeFi. As platforms integrate more utility for these assets, tokenized stocks have officially become the fastest-growing real-world asset category of the year.