Tokenized Stocks On-Chain Scale Exceeds $1 Billion, Ondo Finance Holds Approximately 58% Market Share

Odaily News According to RWAxyz data, the total on-chain value of tokenized stocks has surpassed $1 billion. Ondo Finance and Backed Finance's xStocks platform dominate the majority of the market share for tokenized stock issuance and trading. Among them, Ondo Finance holds approximately 58%, and xStocks holds about 24%, forming an early duopoly structure in the industry. (Cointelegraph)