BNB Chain Leads Tokenized-Stock Market With $1.6 Billion

BNB Chain held the largest share of the $4.4 billion tokenized-stock market, with $1.6 billion in value as three networks together accounted for about 80% of the category. Solana had $1.1 billion in tokenized stocks, while Ethereum had $841.3 million. Their combined totals with BNB Chain came to about 80% of the market. Roughly 15 other networks shared the remaining value. The market’s capitalization rose 886% over the past year. Exchange-traded funds accounted for $1.1 billion of the total, while Strategy’s STRC preferred stock represented $218.1 million. Circle, SpaceX and Strategy common stock were also among the notable contributors.