Ondo controls 45% market share in tokenized stocks as sector TVL doubles year-to-date.
RWA & Tokenization ·
Ondo has captured 45 percent market share in the tokenized stocks sector, according to market analysis shared on X. The total value locked in on-chain stocks has more than doubled so far this year, positioning Ondo as the leading protocol in this emerging category.
The tokenized stocks sector enables ownership of traditional equities through blockchain-based tokens, creating new on-chain asset classes. As this infrastructure matures, integration with decentralized finance protocols could expand the addressable market and liquidity pathways for these instruments.
What remains unclear is the absolute total value of the tokenized stocks sector, the composition of Ondo's holdings within that 45 percent, and whether this market share concentration will persist as competing protocols enter the space.