Tokenized stocks hit $4 billion, BNB targets $1,601 after falling wedge setup

Tokenized stocks have reached a record high with their total market capitalization climbing to $4 billion, representing an 831.8% surge over the past year, according to Token Terminal. This substantial growth underscores mounting interest in blockchain-based versions of traditional equities. BNB Chain tops the sector, holding $1.5 billion in tokenized stock value, making it the current market leader among blockchain platforms offering tokenized equities. Ethereum follows with $842.4 million and Solana reports $732.2 million. Avalanche and X Layer hold smaller market shares at $291.8 million and $260.2 million, respectively.

Source: CoinTurk News