Tokenized-Stock Market Cap Nears $4 Billion as BNB Chain Leads

Tokenized-stock market capitalization approached $4 billion across blockchain networks, with BNB Chain leading at $1.5 billion, as market capitalization gained 831.8% year over year.

Ethereum followed with $842.4 million in tokenized-stock value, while Solana had $732.2 million. Avalanche accounted for $291.8 million and X Layer for $260.2 million.

The network figures measure tokenized-stock value on each blockchain. They are separate from the market value of each network’s native token and do not show that tokenized-stock activity increased demand for BNB.

Separate measures put active tokenized-equity market capitalization at about $4 billion as of Sept. 9, up from $965 million at the start of 2026. Total on-chain market capitalization was $4.7 billion that day. Monthly issuer volume rose from $237 million in January to $7.9 billion in August. These figures track different measures of the market.

Binance’s bStocks product passed $1 billion in assets under management on Oct. 15, about four months after its June 11 launch. The product is unavailable to U.S. persons. Its assets-under-management figure describes one product and is separate from tokenized-stock market capitalization across networks.