Ondo Global Markets, the tokenized securities arm of ONDO Finance, has surpassed $1 billion in total value locked in tokenized US stocks and ETFs. This milestone was achieved in under eight months, making it the first platform in this category to reach ten figures.
The platform now commands over 70% of the market share for tokenized stocks and ETFs. Cumulative trading volume has exceeded $18 billion across supported blockchains, including Solana, Ethereum, and BNB Chain. Ondo offers onchain access to more than 260 tokenized stocks and ETFs.
TVL doubled since January 2026, growing from $500 million to $1 billion. Ondo claims its tokenized stocks TVL has grown faster than stablecoins this year.
Tokenized stocks are blockchain-based representations of real equities. The underlying US securities are held with regulated custodians, and tokens represent ownership claims. Trading is available 24/7, and fractional ownership is standard. The platform operates with KYC and AML compliance.
This milestone marks the first time a live platform has reached $1 billion TVL in tokenized stocks, a category that barely existed a year ago. With BlackRock and Franklin Templeton also expanding blockchain-based funds, traditional finance is increasingly moving onchain. However, the custodial structure introduces counterparty risk not present in purely onchain assets.