Ondo tokenized stocks TVL surpasses $1.17 billion, reaching a record high with over 42% monthly growth

Odaily reports that the total value locked (TVL) in tokenized stocks has risen to approximately 1.17 billion USD, reaching an all-time high. The TVL has grown about 42.3% over the past month and approximately 11% over the past week, indicating a sustained surge in the tokenized stock market recently.

Analysts believe that as the on-chain narrative for traditional financial assets (RWA) continues to expand, on-chain stocks, bonds, and fund products are attracting increasing attention from institutions and crypto capital. The rapid growth of tokenized stocks reflects the market's rising demand for "24/7 trading," "on-chain settlement," as well as global asset accessibility. This sector may become one of the core areas of competition in the next phase of RWA development.