Tokenized stock trading volume nears $3 billion, with Robinhood Chain, BNB Chain, and Solana leading the market.

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On-chain data shows that tokenized stock trading volume reached nearly $3 billion in August, led by Robinhood Chain, BNB Chain, and Solana. The total locked value in on-chain tokenized stocks now exceeds $110 million, though only 5% is utilized in on-chain financial applications. Grayscale reports that the market remains transaction-driven. Solana’s Kamino and Jupiter saw asset sizes grow tenfold year-over-year. BNB Chain’s tokenized stock volume surpassed $5.2 billion by June, with over 700 assets listed. Solana’s Q2 tokenized stock volume reached $4.8 billion, a fourfold increase from Q1.

Odaily Planet Daily report: Tokenized stock weekly trading volume reached nearly $3 billion in August, with Robinhood Chain, BNB Chain, and Solana accounting for the majority of transactions. The total value locked in on-chain tokenized stocks has exceeded $110 million, but only about 5% is deployed in on-chain financial applications.

Digital asset management firm Grayscale says the tokenized stock market is still primarily focused on trading. The total value of related assets on Solana lending platforms Kamino and Jupiter has grown approximately tenfold compared to last year, with lending and collateral use continuing to expand.

As of the end of June, the total tokenized stock trading volume on BNB Chain exceeded $5.2 billion, with over 700 tokenized stocks and ETFs available on the network. Solana’s tokenized asset trading volume for Q2 reached $5.77 billion, including $4.8 billion in tokenized stock trading—a fourfold increase from Q1. (Bitcoin.com News)

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