Ondo Finance has reached $1 billion in total value locked (TVL) in its tokenized stock market, confirming its leadership in the real-world assets (RWA) sector. The number of holders doubled in thirty days to 1.33 million, while monthly transfer volume surged 194% to $23.49 billion, indicating heightened participation. However, distributed value rose only 4% to $2.33 billion, suggesting growth in transfers outpaced actual capital accumulation. Cumulative trading volume reached $27 billion, and Binance now commands over 92% of tokenized product trades during off-hours.
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