Tokenized stocks hit a record $3.8 billion market cap

Tokenized stocks now carry a combined market cap of $3.8 billion. That is the highest figure the sector has posted, and it sits just under the $4 billion mark. The leaders are BNB Chain, Ethereum, and Solana. Where the money is sitting A tokenized stock is a blockchain token that tracks a real share of a company. It can be traded around the clock and split into small fractions. The $3.8 billion figure caps a steep climb. Data from Token Terminal, RWA.xyz, and Binance Research shows the market crossed $3 billion for the first time in early September 2026. It hit $3.1 billion at that point. Those same sources had projected the total may reach $3.5 to $3.7 billion by late September or early October. The market has now cleared the top of that range. BNB Chain has led the way. It was the first blockchain to push past $1 billion in combined tokenized stocks and ETFs, according to the research. Earlier snapshots put BNB Chain at $1.0 to $1.1 billion, or a 30% to 34% share of the market. Ethereum held approximately $750 to $830 million, a share of 22% to 25%. Solana sat close behind at about $680 to $740 million, good for 20% to 23%. Who is issuing these things A handful of issuers drive m...