Tokenized stocks have surpassed a market capitalization of $1.6 billion, with Ethereum holding a 41.1% market share.

CoinFeed reported on May 22 that, according to data from Token Terminal, the total market capitalization of tokenized stocks has surpassed $1.6 billion, setting a new all-time high. Ethereum leads with a 41.1% market share, followed by Solana at 29.6% and BNB Chain at 27.8%. In terms of issuers, Ondo Finance holds approximately 61% of the market share, while xStocks accounts for about 27%, making them the main drivers of this sector. In terms of individual stocks, tokenized ETFs, CRCL (Circle), TSLA (Tesla), and NVDA (Nvidia) are among the top performers in terms of asset size.