U.S. stocks are being unbundled from brokerage apps. The RWA holding addresses on BNB Chain @BNBCHAIN have reached 1,988,860, up 50.51% in 30 days—2 million is just around the corner. The trend is even more obvious with stocks: at the end of September, it was the only chain surpassing $1 billion, holding about 34% of the market share. The number of holding addresses was around 1.8 million, accounting for 45% of the entire market. At the beginning of the year, it only held about 13%. Platforms like bStocks, Ondo, and xStocks have turned exposures to QQQ, NVIDIA, and SpaceX into assets that can be traded or used as collateral even on weekends. In terms of total value, Ethereum still leads with approximately $16.7 billion compared to $5.8 billion. But this round, it’s clear from the chart who’s onboarding users first.