Ondo Stocks tokenized stock TVL surpasses $1 billion

According to Chainwire, Ondo Stocks, the tokenized stock platform under Ondo Finance, has reached a total hedged value (TVL) of 1.01 billion US dollars, less than a year since it was launched in September 2025. Within 48 hours of launch, the platform became the world's highest TVL tokenized stock service provider, and currently remains in the lead and offers more than 440 assets. Each token is fully backed by the corresponding stock or ETF and held by a licensed US escrow broker.

In addition, Ondo Finance also officially disclosed that Ondo Perps, a perpetual contract platform launched in July, had a cumulative turnover of more than 8 billion US dollars, and more than 5 billion US dollars in nearly 30 days since its public launch.