Robinhood, Binance, and Solana lead tokenized equity trading volume as sector explodes past $3B weekly

Tokenized equities, blockchain-based versions of traditional stocks and ETFs, have crossed $3 billion in weekly trading volume and $110 million in total value locked. What was a rounding error a year ago is now a functioning parallel market for securities, running 24/7 on decentralized exchanges. Three chains are driving nearly all of it: Solana, Binance’s BNB Chain, and the newly launched Robinhood Chain. Solana built the market, then got company For most of early 2026, Solana was the tokenized equity market. During Q2, the chain processed roughly $5.8 billion in tokenized equity volume, capturing somewhere between 95% and 97% of all global DEX trading in the category. Platforms like Raydium, xStocks, and Backpack’s Sunrise handled the bulk of that flow. The year-over-year numbers are staggering. Solana’s tokenized equity trading volume went from $1.34 million to $3.32 billion, a jump of approximately 2,400%. A major catalyst was the SpaceX IPO in June 2026, which sent holder counts and transaction volumes surging as traders piled into tokenized representations of shares. Robinhood Chain launches and immediately competes Robinhood Chain went live on July 1, 2026. Within weeks, it ...