Ondo Finance’s tokenized stock platform Ondo Stocks reached a record $1.26 billion in total value locked. Launched in September 2025, the platform crossed the $1 billion mark around August 15, 2026, before climbing to this new high. The product offers total-return exposure to US stocks and ETFs, targeting retail and institutional users outside the United States across Solana, Ethereum, and BNB Chain networks. Cumulative trading volume for tokenized equities has exceeded several billion dollars, with tokens being used for leveraged trading and as collateral in lending markets. Ondo executives project TVL could reach $5 billion by the end of 2026.
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