The market capitalization of tokenized stocks surged to a record high, driven by increased adoption and the launch of new products on major exchanges.
The market capitalization of tokenized stocks hit an all-time high of $2.3 billion as more investors sought exposure through blockchain-based equity products launched by cryptocurrency exchanges. This surge is part of a broader trend where traditional investment assets are being digitized and made available to a wider audience.
According to data from Token Terminal, the Ethereum network led with 34% market share, followed closely by BNB Chain at 30%, and Solana at 23%. The largest contributors were Kraken's xStocks ($507 million) and Binance’s bStocks ($334 million), while Ondo Finance remained the leading issuer of tokenized stocks with $955 million in on-chain equities.
This growth is fueled by platforms like Binance, which introduced zero-commission trading for over 7,000 US-listed tokenized stocks to eligible users. Similarly, Coinbase also rolled out commission-free trading for US stocks and ETFs starting December 2025. Other exchanges such as Bitget and Kraken have expanded their offerings significantly.
The rise in tokenized stock market capitalization reflects the growing interest from investors who seek fractional ownership and around-the-clock trading opportunities. This trend is part of a larger movement where traditional assets are being digitized, making them accessible to a broader investor base across borders.
While tokenized stocks currently represent only about 5.5% of the $34 billion RWA market, they have experienced rapid growth alongside other tokenized real-world assets like government bonds and precious metals. This highlights the potential for further expansion in this space as more platforms continue to innovate and offer new products.
Traders should keep an eye on how these developments impact traditional stock markets and the broader crypto landscape. The increased adoption of tokenized stocks could lead to greater liquidity, diversification opportunities, and potentially even regulatory changes that affect both digital and fiat assets.
Source: Cointelegraph. Summarized and rewritten by the Vexoda Newsroom. This is market news, not financial advice.