Ondo: Tokenized Stocks Platform TVL Surpasses $1 Billion, Expands to Multi-Chain Ecosystem

BlockBeats News, May 12, Ondo Finance announced that its subsidiary, Ondo Global Markets, has surpassed $1 billion in Total Value Locked (TVL), becoming one of the fastest-growing tokenized stock and ETF platforms in DeFi history.

Official data shows that the platform achieved this milestone in less than 8 months, currently commanding over 70% of the tokenized stock market share, with a total trading volume of over $18 billion and a user base of tens of thousands.

Ondo Global Markets now supports over 260 tokenized stocks and ETFs, spanning various popular industries such as artificial intelligence, biotech, defense, and energy, and has been deployed on multiple blockchains including Solana, BNB Chain, and Ethereum.

The project team stated that tokenized assets are rapidly expanding into more asset categories, with growth outpacing the early stages of stablecoin and U.S. Treasury bond tokenization, reflecting a structural shift in global capital market access.