Ondo Global Markets just hit $1 billion in total value locked in its stocks and ETFs, and it did so in less than eight months. This makes it the fastest platform to reach the peak of the onchain economy, a category that includes stablecoins, which have a long history.
The numbers behind the scene
Ondo Global Markets now has over 70% market share in tokenized equities.
The platform currently has over 260 products, sectors that include AI, biotechnology, security, and energy.
The trade surplus has already exceeded $18 billion.
This platform is used in Solana, BNB Chain, and Ethereum. Recently, Ondo integrated with Hyperliquid’s HyperEVM through the Ondo Bridge, which allows stocks and ETFs to access Hyperliquid’s products.
Why tokenized stocks are booming now
Stocks with tokens on platforms like Ondo offer continuous trading, meaning they are not bound by the 9:30 AM to 4:00 PM Eastern window that governs traditional US trading. They also support share ownership, which is especially important for high-value shares that may be out of reach for small investors in emerging markets.
Institutional interest has been very helpful. Regulatory controls have made major allocators more comfortable with the concept of real-world resources.
What does this mean for investors?
The $18 billion in sales volume is worthy of attention with $1 billion in TVL. A ratio of 18x volume-to-TVL means the stock is running fast, meaning that the tokens locked on the platform are traded frequently rather than held.
The risk, as always, is control. Tokenized stocks exist in a gray area in many areas. Investors should not only look at the growth of Ondo but the way it is regulated by the SEC and its international counterparts, because that is what determines whether tokenized equities will remain a fast-growing category or hit the ceiling.
