Ondo Stocks, a platform for tokenized US equities and ETFs, reached a record total value locked (TVL) of $1.26 billion. The service, operated by Ondo Global Markets, launched in September 2025 and surpassed the $1 billion milestone by mid-August 2026.
The platform supports assets across Solana, Ethereum, and BNB Chain. These tokens are currently used in leveraged trading and as collateral in lending markets. Cumulative trading volume for the tokenized equities has already exceeded several billion dollars.
The product is designed for retail and institutional users outside the United States. In September 2026, the SEC granted a five-year innovation exemption, allowing for 24/7 on-chain trading of certain tokenized national market system stocks.
Company executives project that the platform's TVL could reach $5 billion by the end of 2026. This forecast is based on increasing regulatory clarity and growing demand for direct access to global stock markets.
