Binance bStocks Overtakes xStocks as Second-Largest Tokenized Stock Issuer

August 13, 2026 · Markets · CryptoRefuge Team

Binance bStocks has overtaken xStocks to become the second-largest tokenized stock issuer by value, less than two months after its launch.

$624 million total value of tokenized stocks issued by Binance bStocks, surpassing xStocks' $579 million. Its rapid growth is attributed to Binance's large user base.

The tokenized stock market has seen substantial growth, with Binance bStocks accounting for approximately 23% of the total $2.7 billion value of tokenized stocks issued by all platforms. Ondo Finance ranks first with a total value of $927 million, while Binance bStocks has already surpassed xStocks.

$80 million daily trading volume of tokenized stocks on Binance bStocks indicates a high level of interest from investors.

Market Context

The tokenized stock market is gaining popularity, with investors seeking to diversify their portfolios. Binance bStocks launched on the 11th day of the month, marking a milestone in the market's growth. The market is expected to continue growing, driven by increasing demand for tokenized assets.

Analysis:

If Binance bStocks maintains its current growth rate, it may become the largest tokenized stock issuer by value soon.

40.7 million total value of tokenized stocks issued by Binance bStocks in its first week, indicates a strong start. However, the market is competitive, and other platforms, such as xStocks and Ondo Finance, may try to regain their market share.

Binance bStocks' growth will be closely watched by investors and industry experts. To watch next: the upcoming quarterly earnings report of Binance, which may provide insight into Binance bStocks and the tokenized stock market.