Stock token market cap hits record $3.9B

The market capitalization of stock tokens has reached a record $3.9 billion, Cointelegraph reported. According to data from Token Terminal, BNB Chain had the largest stock token market cap by blockchain at $1.2 billion, followed by Ethereum at $841.9 million and Solana at $741.7 million. The three blockchains account for about 70% of the overall stock token market.