Tokenized Stocks Surpass $3 Billion as bStocks Reach $800 Million

Tokenized stocks exceeded $3 billion in market capitalization in the fourth week of September, as Binance’s bStocks reached approximately $800 million less than four months after launching.

The market-size figure was measured Sept. 28. bStocks accounted for roughly one-quarter of the tokenized-stock market at that point.

The products are tokenized securities issued by BTech Holdings Limited, a Binance group affiliate. Each bStock is backed one-to-one by a U.S. share held by a regulated custodian.

bStocks can trade around the clock, but they do not represent direct ownership of the underlying shares. The products are not offered to U.S. persons or in the United States.

The broader tokenized real-world asset market reached approximately $38 billion in September, up 50% year to date. Tokenized stocks represented about 8% of that market.

On-chain transfers of tokenized stocks exceeded $100 billion in the third quarter, compared with $6 billion in the first quarter. The 60-day rolling share of tokenized-stock value deployed in decentralized finance, or DeFi, increased from 1.8% to 6.3% during 2026.

BNB Chain held approximately $1 billion in tokenized stocks by mid-September, equal to about 34% of the market. The network had approximately 1.8 million tokenized-stock holders as of Sept. 28, representing about 45% of the total.

Tokenized stocks are being used as collateral, in lending markets and in liquidity pools, extending their role beyond tracking public-company share prices. The market’s growth follows a sharp increase in activity compared with the first quarter.

The latest figures continue the expansion described in TokenPost’s earlier coverage of tokenized equities.