StocksJul 20

Ondo Global Markets Becomes Ondo Stocks as Tokenized Equities Cross $1 Billion

genfinity.io5 min read
Ondo Global Markets Becomes Ondo Stocks as Tokenized Equities Cross $1 Billion
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Ondo Finance has rebranded its tokenized equities platform from Ondo Global Markets to Ondo Stocks, signaling a strategic focus on its dominant position in the tokenized U.S. equity sector. Since its launch in September 2025, the platform has achieved significant milestones, including surpassing $1 billion in total value locked and expanding its catalog to over 438 assets. By capturing between 59% and 70% of the tokenized equity issuer market, Ondo has outperformed competitors like Backed Finance, Swarm, and Dinari. The platform recently introduced 24/7 minting and redemption for major assets like NVDAon and TSLAon, effectively removing the constraints of traditional market hours. Furthermore, the integration of Chainlink price feeds has enabled these tokenized shares to function as productive collateral within DeFi lending protocols. The launch of Ondo Perps, offering up to 20x leverage, further integrates these assets into the broader decentralized finance ecosystem. This evolution from simple exposure to active financial utility marks a critical shift in how retail and institutional investors interact with traditional equities on the blockchain.

Key points
  • Ondo Stocks surpassed $1 billion TVL and 438 listings across Ethereum and Solana.
  • Platform captured 59% to 70% of the total tokenized equity issuer market share.
  • New 24/7 minting and redemption launched for major assets like SPYon and NVDAon.
  • Ondo Perps introduced 20x leverage using tokenized stocks as collateral for trading.
Background

Ondo Finance provides institutional-grade financial products on the blockchain, utilizing SEC-registered structures through partners like Oasis Pro. The protocol bridges traditional financial assets, such as U.S. equities and ETFs, to decentralized networks, allowing for onchain ownership and composability.

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    Ondo Global Markets Becomes Ondo Stocks as Tokenized Equities Cross $1 Billion | RWA Signal