Ondo Finance’s tokenized stocks hit a record $1.26 billion in TVL

Ondo Finance’s tokenized stock platform just set a new high. Total value locked on Ondo Stocks reached a record $1.26 billion. How Ondo Stocks got to $1.26 billion Ondo Stocks launched in September 2025. It first pushed past the billion-dollar line on or around August 15, 2026, posting a TVL of $1.01 billion. It didn’t stop there. The platform later climbed to its record $1.26 billion, a gain of roughly a quarter billion dollars on top of that first milestone. What goes into that pile here is tokenized exposure to US stocks and ETFs. Ondo offers total-return exposure, so holders track both price moves and the returns that come with owning the underlying asset. The product is aimed at retail and institutional users outside the US. Americans are not the target customer, at least for now. The tokens also live on several networks. As of August 2026, Ondo Stocks supported a range of assets across Solana, Ethereum, and BNB Chain. Ondo Global Markets, the business behind Ondo Stocks, ranks among the largest tokenized equity platforms by TVL. Tokenized stocks are doing more than sitting still Ondo’s tokens have found their way into leveraged trading. They are also being posted as collatera...