Ondo Stocks, the tokenized equities platform operated by Ondo Finance, has reached $1.01 billion in total value locked, according to a report cited by ChainCatcher from Chainwire. The platform has been live for less than a year since its September 2025 launch. Chainwire said Ondo Stocks became the world’s largest tokenized stock service by TVL within 48 hours of launch and has kept that lead. The platform currently offers more than 440 assets. Each token is fully backed by the corresponding stock or ETF and is held by a licensed U.S. custodian broker, according to the disclosure. Ondo Finance also said its perpetual futures platform, Ondo Perps, which launched in July, has recorded more than $8 billion in cumulative trading volume. Over the nearly 30 days since its public launch, trading volume has exceeded $5 billion.
Ondo Stocks, the tokenized equities platform under Ondo Finance, has reached $1.01 billion in total value locked, according to a Chainwire report cited by ChainCatcher. The platform has been live for less than a year since launching in September 2025.
Chainwire said Ondo Stocks became the world’s largest tokenized stock service by TVL within 48 hours of launch and continues to hold that position. The platform now offers more than 440 assets.
According to the disclosure, each token on the platform is fully backed by the corresponding stock or exchange-traded fund, with custody handled by a licensed U.S. custodian broker.
Ondo Finance also disclosed that Ondo Perps, its perpetual futures platform launched in July, has surpassed $8 billion in cumulative trading volume. In the nearly 30 days since its public launch, the platform has recorded more than $5 billion in trading volume.
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