The tokenized stock market is $4.8 billion, with bStocks accounting for over 31%

Tokenized equities reached a record $4.8 billion in assets under management, with Binance's bStocks accounting for more than 31% of the market at $1.5 billion, making it the largest single product in the category. Binance cited the figures in a July 10 post, while Binance Research's September 29 report ranked tokenized stocks as the fastest-growing real-world asset (RWA) segment this year. The $4.8 billion figure measures assets held in tokens, distinct from trading volume, which tracks turnover over a period. bStocks are Binance's tokenized products linked to stocks and ETFs. On-chain transfer activity has also risen sharply, according to Binance Research's third-quarter 2026 findings. The milestone matters because it signals accelerating demand for RWA tokenization, with the next test being whether bStocks' dominance holds as more issuers and chains enter the market.