Ethereum captures 41% market share in $1.6B tokenized stocks market

Tokenized equities have reached roughly $1.6 billion in market capitalization, with Ethereum (ETHUSD) accounting for a dominant 41.1% share of the market. Data from rwa.xyz shows tokenized stocks rose about 32.95% over the prior 30 days to roughly $1.55B, while monthly transfer volume hit $3.48B — more than double market cap, indicating active trading. Solana (SOLUSD) and BNB Chain (BNBUSD) follow with ~29.6% and ~27.8% shares. Issuance is highly concentrated: Ondo Finance controls ~61% and xStocks ~27%, creating potential single-point regulatory risk. Major underlying tokenized assets include Tesla (TSLA.OQ) and Nvidia (NVDA.OQ). The expansion highlights Ethereum’s role as the institutional settlement layer due to security and liquidity advantages, but investors should monitor platform concentration and regulatory exposure that could disrupt flows.