Tokenized stock weekly trading volume in August approached $3 billion, with activity concentrated on the Robinhood Chain, BNB Chain, and Solana.

Odaily estimates that the total value locked in on-chain tokenized stocks surpassed $110 million, while roughly 5% of that value has been deployed in on-chain financial applications.

Grayscale notes that the tokenized stock market remains predominantly driven by trading activity rather than other use cases.

On Solana, related assets on lending platforms Kamino and Jupiter have expanded about tenfold from a year earlier, as lending and collateral use cases continue to grow.

BNB Chain had over $5.2 billion in cumulative tokenized stock trading volume by the end of June, with more than 700 tokenized stocks and ETFs available on the network.

Solana reported $5.77 billion in tokenized asset trading volume in the second quarter, including $4.8 billion in tokenized stock trading, roughly four times higher than in the first quarter.