Tokenized stock market doubles to $2.3B, led by Ondo Finance with 34% share

The tokenized stock market has grown to $2.3 billion, nearly doubling since March 2026, with Ondo Finance leading the sector by controlling about 34% of the market, or roughly $955 million in assets. Ondo's platform enables 24/7 trading of US equities for non-US investors, bypassing traditional market hours and geographic restrictions. The growth is driven by easier access, the ability to integrate with DeFi protocols, and continuous trading availability. Despite rapid expansion, liquidity remains limited compared to traditional stock markets, and tokenized stocks often lack full shareholder rights and regulatory protections.