Solana, BNB Chain Tokenized Stock Trades Hit $3.3B

Tokenized equities on Solana and BNB Chain now total almost $3.3 billion in value, with most trades happening outside U.S. market hours, CoinTelegraph reported on Tuesday. The data came from on‑chain analytics that tracked the flow of tokenized shares on the two blockchains, showing a sharp rise in after‑hours activity since the launch of the Solana‑based tokenized trading platform in late 2023.

The shift reflects a broader move toward 24‑hour digital markets. Tokenization turns a share into a digital token that can be traded on a blockchain, cutting out the need for a central clearinghouse and allowing investors to buy or sell at any time. The U.S. stock market closes at 4 p.m. Eastern, but traders on Solana and BNB Chain can execute orders around the clock. The growth also ties into the rise of decentralized finance (DeFi) and the appetite of global investors for low‑cost, instant access to U.S. equities. The surge has been driven by the launch of new liquidity pools, partnerships with traditional brokerage firms, and a wave of institutional interest in tokenized assets.

Regulators are watching closely. The U.S. Securities and Exchange Commission (SEC) has issued guidance that tokenized securities must meet the same regulatory standards as traditional securities, but enforcement has lagged behind the technology. Some exchanges have already begun to implement Know‑Your‑Customer (KYC) and Anti‑Money Laundering (AML) checks for tokenized trades, while others rely on self‑regulation. The rapid growth of after‑hours tokenized trading could prompt tighter scrutiny, especially if large volumes cross borders or if market manipulation becomes a concern.

If the trend continues, tokenized trading could reshape global equity flows. Platforms may expand beyond Solana and BNB Chain, integrating with more blockchains and offering cross‑border settlement in real time. Traditional brokers might partner with DeFi protocols to offer hybrid accounts that combine custodial and non‑custodial services. The next few months will likely see increased regulatory filings, new market infrastructure, and possibly a shift in how institutional investors allocate capital across time zones.