Avalanche Adds $246M in Tokenized Stocks in September, Leading All Chains

The interesting signal is not the size of the gain but its source: a single issuer, Securitize, is doing the heavy lifting, which makes Avalanche's lead look more like a distribution relationship than broad organic demand. That matters for the wider tokenized-equity race, where chains are competing less on technology than on which regulated issuance and transfer-agent partners they can lock up. Whether other issuers follow Securitize onto Avalanche, or spread across competing networks, is the open question for the sector's next phase.