Tokenized stock market cap surpasses $1.6 billion, Ethereum holds 41.1% market share According to data from @tokenterminal, the total market cap of on-chain tokenized stocks has surpassed $1.6 billion, hitting an all-time high. Among them, Ethereum leads with a 41.1% market share, followed by Solana at 29.6% and BNB Chain at 27.8%. From the perspective of issuers, Ondo Finance dominates with approximately 61% market share, while xStocks holds about 27%, making them the main drivers in this sector. As for individual assets, tokenized ETFs, CRCL (Circle), TSLA (Tesla), and NVDA (NVIDIA) rank among the top in asset scale.