Ondo Crypto Tops $1B TVL with Tokenized Stocks Expansion
Ondo Crypto has reached another milestone as its tokenized stock platform, Ondo Stocks, surpassed $1 billion in total value locked. This achievement comes less than a year after the platform's launch and marks significant growth in the tokenization space.
The platform now offers over 440 tokenized stocks and exchange-traded funds across Ethereum, Solana, and BNB Chain, with more than 150,000 unique holders collectively holding about 292,000 positions. Ondo Crypto's expansion into additional trading and wallet infrastructure has also contributed to its growth.
Despite the platform's success, access to tokenized securities remains subject to extensive jurisdictional restrictions, including in major markets such as the United States, where the tokens cannot be offered or sold without registration or an available exemption.