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Avalanche leads blockchains in September tokenized stock growth

Avalanche topped all blockchains in tokenized stock market capitalization growth in September, adding $245.5 million in an expansion driven by Securitize.

Graphic showing the Avalanche logo alongside a stock market report chart and a news banner discussing Avalanche's growth.
Image: @BSCNews

Avalanche recorded the largest increase in tokenized stock market capitalization among all blockchains in September, adding $245.5 million, according to Token Terminal data cited by BSCN. Cointelegraph and BlockNews also reported the milestone, noting that Avalanche's growth was driven by Securitize.[1][2][3]

Avalanche outpaced several competing networks during the month. BNB Chain ranked second after adding $144.1 million in market cap, followed by Robinhood Chain in third with $98.7 million in growth. According to BSCN, Securitize has had its NYSE-listed shares trading in tokenized form since July.[1]

Key facts

  • Avalanche added $245.5 million in tokenized stock market cap in September, topping all blockchains, according to Token Terminal data.
  • Avalanche's tokenized stock market cap growth in September was driven by Securitize.
  • BNB Chain ranked second in September tokenized stock growth with $144.1 million added.
  • Robinhood Chain ranked third in September tokenized stock growth, adding $98.7 million.
  • Securitize's NYSE-listed shares have traded in tokenized form since July, according to BSCN.

Sources 路 3 sources

  1. BS

    BSCN@BSCNewsPost on X 路

    Avalanche tops every chain for tokenized stock growth in September @avax added $245.5M in tokenized stock market cap in September, the most of any chain, according to @tokenterminal data. BNB Chain came second at $144.1M, ahead of Robinhood Chain at $98.7M. @Securitize led the growth, with its NYSE-listed shares trading in tokenized form since July.

    Open source
  2. CO

    Cointelegraph@CointelegraphPost on X 路

    馃毃 LATEST: Avalanche led all blockchains in tokenized stock growth in September, adding $245.5M in market cap, driven by Securitize. https://t.co/cWRvMbd1j5

    Open source
  3. BL

    BlockNews@blocknewsdotcomPost on X 路

    馃毃 LATEST: Avalanche led all blockchains in tokenized stock growth in September, adding $245.5 MILLION in market cap, driven by Securitize. $AVAX https://t.co/AYf4oME0h9

    Open source