Crypto
Ondo Tokenized Stocks Hit Record $1.26B TVL
Ondo's tokenized stock platform has reached a record high in total value locked (TVL), surpassing $1.26 billion, according to reported figures.
The platform now supports over 450 tokenized stocks and ETFs, with cumulative trading volume exceeding $28 billion.
Total value locked measures the assets deposited into the platform, while cumulative trading volume offers a separate view of activity.
ONDO's token price currently sits at around $0.49, but experts warn that a decisive break below $0.46 would weaken the chart's bullish falling wedge setup.