The market cap of tokenized stocks reached a record 2.3 billion dollars on Wednesday, July 15, 2026. According to Token Terminal data shared on X, the Ethereum network holds the largest market share in this sector, accounting for exactly 34% of the total onchain allocation across public networks.
The total market cap of tokenized stocks is at an all-time high of $2.3B, led by @ethereum, @BNBCHAIN, and @solana. pic.twitter.com/1RbDu237uD
— Token Terminal 📊 (@tokenterminal) July 15, 2026
Furthermore, BNB Chain commands 30% of the market, while Solana accounts for 23%. This expansion aligns with developments like bringing complete tokenized funds to Solana, which increases the integration of traditional financial products into high-throughput blockchain networks for global retail and institutional users.
Ondo Finance remains the largest issuer with 955 million dollars in equities managed onchain. Meanwhile, Kraken’s xStocks product represents 507 million dollars of the total volume, and Binance’s bStocks offering accounts for 334 million dollars within the current digital asset ecosystem.
Crypto platforms utilize blockchain rails to provide fractional ownership and twenty-four-hour trading availability. Exploring the official Token Terminal network explorer reveals a steady growth of capital coming from international investors located outside the United States who seek direct exposure to these blockchain-based equity instruments.
Binance introduced zero-commission trading for more than 7,000 US tokenized stocks on June 1, 2026, targeting eligible global users. Coinbase also rolled out commission-free trading for US equities and exchange-traded funds in December 2025, providing twenty-four-hour access five days a week to its user base.
In April 2026, Bitget launched a proxy offering tied to the pre-initial public offering phase of SpaceX. Earlier, in January 2026, Vienna-based platform Bitpanda announced its strategic plan to expand its digital asset offerings to include roughly 10,000 separate stocks and traditional exchange-traded funds.
Kraken launched access to 11,000 US-listed assets through xStocks in April 2025. Cumulative volume crossed 25 billion dollars within eight months, reflecting institutional trends similar to major financial firms designing tokenized real estate funds for traditional market participants worldwide.
Growth of real world assets
The diversification of these tokenized offerings marks a clear shift in how real-world assets are integrated into decentralized finance layers, drawing clearer comparisons between conventional stock brokerages and crypto-native asset managers.
A June 2026 report from Binance Research indicated that the market for tokenized real-world assets surged 589% from early 2025. This growth was led primarily by government bonds and short-term money market funds integrated into various public distributed ledgers by financial entities.
Tokenized precious metals attracted 1.5 billion dollars in value, expanding 39% during the same timeframe. Despite fluctuations observed in the broader cryptocurrency landscape, investor demand remained consistent for onchain products backed by verified physical reserves held in secure traditional custody.
Equities still represent a small segment of the broader sector. Tokenized stocks account for 5.5% of the total 34 billion dollar market capitalization attributed to real-world assets across all tracking platforms evaluated up to June 2026.
Approximately 15 billion dollars in tokenized US Treasury debt constitutes the largest segment, representing 44% of the market. This is followed by 4.5 billion dollars in tokenized commodities, which accounts for 13% according to data provided by RWA.xyz.
Market participants await the publication of third-quarter financial updates from token issuers to verify the asset backing and reserve audits of circulating equity tokens.
This article is for informational purposes only and does not constitute financial advice.
