BNB Chain Now Controls Half of Tokenized Stock Market, Binance bStocks Leads the Shift
BitcoinWorld BNB Chain Now Controls Half of Tokenized Stock Market, Binance bStocks Leads the Shift BNB Chain has emerged as the dominant blockchain for tokenized stocks, capturing roughly 50% of the market share, according to data from Blockworks and reported by AMBCrypto.
The shift follows the launch of Binance’s stock token platform, bStocks, which has driven significant volume onto the network. As of late August, BNB Chain-based stock tokens surpassed $1.3 billion in value, outpacing Ethereum’s $800 million and Solana’s $550 million.
How Binance’s bStocks Platform Reshaped the Market Before bStocks went live, Ethereum held the largest share of tokenized stock supply. However, Binance’s decision to build its stock token infrastructure on BNB Chain redirected activity and liquidity.
Over several months, BNB Chain steadily gained ground, eventually overtaking Ethereum.
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