
Tokenized Stocks Approach $3.9 Billion as BNB Chain, Ethereum and Solana Dominate Market
The market for tokenized stocks and ETFs has surged to approximately $3.9 billion, marking a fivefold increase from the $719 million valuation recorded in January 2026. BNB Chain, Ethereum, and Solana have emerged as the dominant infrastructure providers, collectively capturing roughly 74% of the total market share. BNB Chain has seen the most significant growth, rising from a 13% market share at the start of the year to lead with $1.2 billion in tokenized assets by October. This expansion is further evidenced by Securitize’s recent launch of 12 tokenized U.S. equities on the Solana blockchain, including major names like Apple and Nvidia. While these figures highlight rapid adoption, the sector remains fragmented due to varying legal structures, ranging from direct share-backed securities to derivative-based exposure. The growth of this asset class is driven by the potential for improved settlement efficiency and 24/7 trading availability compared to traditional equity markets. However, the market remains in a nascent stage, with total valuations sensitive to the specific methodologies used by analytics providers like Token Terminal and RWA.xyz. Ultimately, the sector's long-term viability depends on navigating complex regulatory requirements, custody standards, and the integration of programmable financial infrastructure.















