BNB Chain leads tokenized equities as bStocks push supply past $1.3 billion

  • BNB Chain overtook Ethereum in tokenized-equity supply after the bStocks launch.
  • Supply on BNB Chain surpassed $1.3 billion by end-August versus about $800 million on Ethereum.
  • BNB Chain holds nearly 50% of roughly $2.9 billion total tokenized-equity supply.

BNB Chain has taken the lead in tokenized equities after the launch of Binance’s bStocks, with supply rising above $1.3 billion by the end of August versus about $800 million on Ethereum, according to Blockworks figures that place the network at roughly 45% of a nearly $2.9 billion tracked market. Before bStocks, Ethereum held the largest supply while BNB Chain remained below $500 million; Solana stood near $550 million and Avalanche near $170 million. bStocks drove most of the expansion, growing from $5.6 million at launch to more than $500 million in assets under management within seven weeks, expanding from five tickers to more than 67 active assets and recording more than $19 billion in cumulative trading, with 24/7 settlement and onchain composability. Binance states that bStocks are certificates representing financial instruments rather than direct company shares, with availability subject to jurisdiction and eligibility rules. In the broader real-world asset market, BNB Chain still trails at about $5.7 billion of a $38.4 billion total, or roughly 15%, compared with Ethereum’s $17.27 billion, or about 45%, and Solana’s $4.06 billion. Token Terminal data show the seven highest-volume tokenized stocks, all on BNB Chain or Robinhood Chain, generated $4.3 billion in DEX volume over 30 days, led by BNB Chain’s QQQb at $1.6 billion, followed by SPCXb at $848.9 million and SPYb at $644.5 million, with Robinhood Chain’s NVDA, SPACEX and SPY plus BNB Chain’s NVDAb also ranking in the top seven. BNB Chain averaged $676.8 million in daily volume in late July 2026. BNB traded near $700 after a 0.91% daily rise, with $700 as immediate resistance, $720 as the next upside level, and $680 as initial support.

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