Tokenized Stocks Surpass $1B as Ondo and xStocks Lead Market

Key Takeaways

  • The tokenized stocks market has surpassed $1 billion, with significant growth in 2025.
  • xStocks leads in offering tokenized stocks, enabling users to trade representations of real U.S. company shares.
  • Ondo Finance expands access to U.S. equities and ETFs through its tokenized stocks platform.
  • Both platforms leverage blockchain for faster transactions and maintain value parity with traditional equities.
  • Financial institutions like Nasdaq are exploring tokenization, indicating a trend toward integrating tokenized stocks in broader markets.

The tokenized stocks market has exceeded $1 billion in total value. Blockchain platforms now offer digital tokens that represent traditional equities. These tokens track real shares held by regulated custodians. Investors can access stock exposure using blockchain infrastructure. Data from analytics platforms shows rapid expansion of tokenized stocks during 2025.

Growth of the Tokenized Stocks Market

The total value of tokenized stocks has reached approximately $1.2 billion. Activity increased significantly in the second half of 2025. The sector allows investors to trade digital representations of public company shares. These assets operate on blockchain networks such as Ethereum and Solana.

Tokenized equities mirror the price movements of underlying stocks. The tokens remain backed one-to-one by real shares. Custodians hold the traditional equities to maintain value parity. Blockchain settlement enables faster transactions compared with traditional brokerage systems.

Trading activity in tokenized stocks continues to expand. The sector remains small compared with global equity markets. However, market data indicates accelerating adoption across crypto platforms.

xStocks Dominates Tokenized Stocks Sector

xStocks is one of the largest platforms offering tokenized stocks. Backed Finance developed the system with distribution through crypto exchanges such as Kraken. The platform issues tokens representing major U.S. companies.

Available assets include companies such as Nvidia, Tesla, Amazon, and Meta. Each token corresponds to a real share held in custody. The tokens allow blockchain users to gain equity exposure without using traditional stock exchanges.

xStocks operates across several networks, including Ethereum and Solana. The platform recorded more than $10 billion in trading volume within months of launch. Data shows tens of thousands of holders currently using the service.

Ondo Expands Tokenized Stocks Through Global Markets

Ondo Finance is another major participant in the tokenized stocks industry. The company launched Ondo Global Markets to provide tokenized access to U.S. equities and ETFs. The platform introduced more than 100 tokenized assets at launch.

The system focuses on institutional-grade infrastructure and liquidity. Assets remain backed by regulated custodians holding the underlying securities. Users can trade tokenized stocks directly through blockchain networks.

Traditional financial institutions are also exploring tokenization. Nasdaq has submitted regulatory filings related to tokenized equities. Several crypto exchanges are integrating blockchain-based stock trading.

These developments show increasing interest in tokenized stocks as part of the broader real-world asset tokenization sector.

Source: https://cointelegraph.com/news/tokenized-stocks-surpass-1b-ondo-xstocks-dominate-sector