The tokenized stock market cap has reached a record $3.9 billion, according to Token Terminal. BNB Chain, Ethereum and Solana collectively account for approximately 70% of the market. The mil
The tokenized stock market cap has climbed to an all-time high of $3.9 billion, according to data shared by Token Terminal.
The milestone marks another development in the growing market for traditional financial assets represented on blockchain networks.
Tokenized stocks are digital tokens designed to provide exposure to shares of publicly traded companies. Depending on the product’s structure, they may represent ownership rights or track the value of an underlying stock.
Unlike conventional shares traded through stock exchanges, these products use blockchain infrastructure for recording ownership, transfers or settlement.
The latest figures suggest that blockchain-based equity products are attracting increasing market attention.
However, the $3.9 billion valuation represents the reported size of the tokenized stock market, not the total value of traditional stocks worldwide.
The tokenized stock market cap is heavily concentrated across three major blockchain networks.
According to Token Terminal, BNB Chain, Ethereum and Solana collectively account for approximately 70% of the market.
Based on the reported $3.9 billion total, that combined share represents roughly $2.73 billion in tokenized stock market value.
The remaining 30%, equivalent to approximately $1.17 billion, is distributed across other networks.
The concentration highlights the important role these three ecosystems play in supporting blockchain-based financial products.
Each network offers infrastructure for issuing, transferring and interacting with digital assets through blockchain applications.
However, the figures do not establish which of the three networks holds the largest individual share.
BIG: Tokenized stock market cap hits a record $3.9B, with BNB Chain, Ethereum, and Solana holding about 70% of the market, per Token Terminal. pic.twitter.com/gHfLC0h5RC
— Cointelegraph (@Cointelegraph) October 12, 2026
The record valuation highlights the broader trend of bringing traditional financial instruments onto blockchain networks.
Tokenization can potentially make certain assets easier to transfer and integrate with digital financial services.
It may also support new ways of accessing financial markets, depending on the product’s design and the regulations governing its distribution.
Still, tokenized stocks are not necessarily identical to traditional shares.
Investor rights, dividend eligibility, redemption arrangements and trading restrictions can vary significantly between products.
These differences are important for anyone considering exposure to blockchain-based equities.
The growth in tokenized stock market cap also reflects the expanding intersection between decentralized technology and conventional finance.
With the market reaching $3.9 billion and BNB Chain, Ethereum and Solana representing about 70% of its value, Token Terminal’s data points to increasing activity in this emerging sector.
Whether the market continues setting records will depend on investor demand, product development and regulatory conditions.
