Ondo Finance Dominates Tokenized Stock Market with $2.3 Billion in Value

The tokenized stock market has seen rapid growth, reaching $2.3 billion in value, nearly doubling from $1 billion in March 2026.

Ondo Finance leads the sector with a 34% share of the entire market's capitalization, holding approximately $955 million in tokenized equities.

This puts Ondo well ahead of its competitors, including Kraken's xStocks platform at $507 million and Binance's bStocks at $334 million.

Ondo Finance launched in September 2025 with a straightforward pitch: allowing non-US investors to mint and redeem tokens representing US equities, 24 hours a day.

The company has pursued an aggressive multi-chain strategy, expanding beyond its initial deployment to integrate with several blockchain networks and wallet providers.