Ondo tokenized stock TVL breaks $1.17 billion, hitting a new all-time high with over 42% monthly growth
Odaily reports that the total value locked (TVL) of its tokenized stocks has risen to approximately $1.17 billion, setting a new all-time high. The TVL has seen a monthly growth of about 42.3% and a weekly growth of around 11%, indicating that the tokenized stock market has been steadily heating up recently.
Analysts believe that as the narrative around bringing traditional financial assets on-chain (RWA) continues to expand, on-chain stocks, bonds, and fund products are attracting increasing attention from both institutions and crypto capital. The rapid growth of tokenized stocks reflects a rising market demand for "24/7 trading," "on-chain settlement," and global asset accessibility. This sector is likely to become one of the core battlegrounds for the next phase of RWA competition.
