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BNB Chain tokenized stock and ETF market tops $1B

Tokenized stocks and ETFs on BNB Chain rose to about $1.1 billion, roughly 30% of a broader $3.7 billion market, after growing 17% in September to $3.35 billion.

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Cointelegraph reports that BNB Chain became the first blockchain to exceed $1 billion in tokenized stocks and exchange-traded funds (ETFs).

According to Token Terminal data cited by Cointelegraph, the tokenized stocks and ETFs market rose about 17% in September to $3.35 billion from $2.87 billion in August, and reached $3.7 billion at the time of publication.

BNB Chain accounted for about $1.1 billion, or roughly 30% of the $3.7 billion market, with Ethereum at $828 million (22%) and Solana at $738 million (20%)

Latest closeEthereum $2,750.29 ▲1.6%|Solana $122.42 ▲3.4%|BNB $781.47 ▲1.3%

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