Ondo Finance Tops Tokenized Stocks Market, But xStocks Catches Up

Ondo Finance has solidified its position as a leader in the tokenized stocks market, accounting for 34.9% of the $2.8 billion market cap.

The platform's user base is growing rapidly, with over 150,000 unique holders and 292,000 holdings across individual tokenized stocks and ETFs.

However, xStocks is gaining ground, outpacing Ondo in weekly market-cap growth, adding $17.3 million over the past week.

The strong performance of both platforms has led to a surge in ONDO token price, with a 12% increase to $0.40.