Five chains carry the tokenized stocks this site tracks. Four are EVM chains and one is not, and that split has practical consequences for anyone trying to verify a token.
Below is the map, with the reasoning we can see behind it. Where we would be guessing at motive we say so, because an issuer's reason for picking a chain is the issuer's to state and mostly they have not stated it.
The five, as of 12 Sep 2026
Listed alphabetically. The counts are listings in this site's registry. A chain page counts only the listings this site read on its last run, so on BNB Chain and Ethereum its figure can be lower.
Base carries 353 listings: 343 from Dinari and 10 from Coinbase. EVM, read through Blockscout.
BNB Chain carries 1,066 listings: 616 from Backed through xStocks and 450 from Ondo Global Markets. Read through BscScan.
Ethereum carries 1,092 listings: 618 from Backed through xStocks, 450 from Ondo Global Markets and 24 from Dinari.
Robinhood Chain carries 194 listings, all from Robinhood, and nothing else. It is an EVM chain, read through Blockscout.
Solana carries 1,068 listings: 618 from Backed through xStocks and 450 from Ondo Global Markets. It is the only non-EVM chain here.
The pattern that stands out
Only one of the five chains has a single issuer on it: Robinhood Chain, which Robinhood runs itself. The other four are shared. Ethereum carries three issuers, and Base, BNB Chain and Solana carry two each.
Ondo Global Markets lists the same 450 stocks on each of its three chains, so on Ethereum, BNB Chain and Solana one stock can appear as three addresses from one issuer. That is the clearest case of why this site counts stocks and listings separately.
We would not read a ranking into any of this, and neither should you. A chain with one issuer is neither better nor worse than a shared one, and the number of listings on a chain is a fact about the catalogues of the issuers on it rather than about the chain.
Why the verification test differs by issuer and chain
Robinhood and Ondo deploy their EVM tokens behind a proxy with a beacon pointing at an implementation contract. That gives you a strong verification test: a lookalike token can copy a symbol, but it cannot get itself pointed at by the issuer's beacon. Ondo also keeps an allowlist contract that answers whether an address is theirs, which is a second independent check.
The other tokens have no beacon to test. Solana tokens are Token-2022 mints with no proxy at all. Backed's EVM tokens, Dinari's tokens and Coinbase's tokens on Base are checked a different way: by matching the address against the issuer's own published list. Coinbase's addresses also share a fixed prefix, which makes a lookalike easier to spot but is not a proof on its own.
This is why we say which test applies to which chain. A chain where a beacon test is unavailable is a chain where a different check is the one you have.
Chain is a facet, never a gate
Nothing on this site makes you pick a chain before you can see a stock. There is no chain switcher in the way, and the chain is printed on a token as a fact rather than offered as a choice.
The reason is that Person B does not have a chain preference and should not be required to invent one. Someone who arrived asking "is AAPL on chain" needs the answer rather than a menu. The chain pages exist for the reader who arrived already asking about a specific chain, which is a real reader, just not the first one.
Where to look
The chains matrix maps every stock to the chains it is on. Each chain has its own page: Robinhood Chain, Ethereum, BNB Chain, Solana and Base. /developers/contracts has every address we track, grouped by chain.
Counts change as issuers list more stocks. Every figure above carries the date it was counted, and the chain pages carry the timestamp of the last read.