Tokenized Stocks Surpass $1 Billion as Ondo and xStocks Lead Market
Tokenized stocks have exceeded $1 billion in value, with Ondo and xStocks dominating the rapidly expanding real-world asset sector.Summary
The total value of tokenized stocks has surpassed $1 billion, marking a significant milestone for the real-world asset (RWA) sector. Data from RWA.xyz indicates increased trading activity and liquidity on platforms offering blockchain-based exposure to traditional stocks. Ondo currently holds approximately 58% of the market share, while xStocks accounts for around 24%, creating an early duopoly. Foresight Ventures attributes this concentration to regulatory hurdles, liquidity advantages, and differing tokenization models. This trend mirrors a broader pattern in DeFi, where revenue is increasingly concentrated among the top two platforms in sectors like stablecoins and derivatives. The overall value of tokenized RWAs, excluding stablecoins, has reached roughly $26 billion, with tokenized US Treasury markets exceeding $11.13 billion, demonstrating continued growth and demand for blockchain-based financial instruments.
(Source：Cointelegraph)