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- Ondo Finance tokenized stocks saw holders double to 1.33 million in 30 days.
- Monthly transfer volume surged 194% to $23.49 billion, while active addresses approached 601,000.
- Ondo leads in asset value, while Binance has captured a larger share of overnight and weekend trading.
Tokenized equities are moving into a new phase of adoption, with Ondo Finance emerging as a key indicator of how quickly the sector is developing. Recent data shows a sharp rise in holders, transfers and trading volumes, although growth in the value of assets held remains comparatively modest.
The numbers point to an important distinction: more investors are using tokenized stocks, but capital accumulation is not keeping pace with transaction activity.
Ondo Finance Sees Rapid Growth in Participation
Data from RWA.xyz shows the number of tokenized-stock holders doubled over a 30-day period to 1.33 million. Active addresses also climbed 41.6% to nearly 601,000, suggesting that the expansion is not limited to passive wallet growth.
Monthly transfer volume rose even faster, jumping 194% to $23.49 billion. That surge indicates tokens are changing hands more frequently as participation expands.
However, distributed value increased just 4% to $2.33 billion. The contrast suggests that current growth is being driven more by transaction frequency and broader participation than by a similar increase in capital held within the market.
Ondo Stocks accounts for about $1.01 billion in total value locked, giving the platform a significant position within the expanding tokenized-equity sector.
Trading Volume Highlights Ondo’s Liquidity
Ondo’s trading figures provide another indication of growing market activity. Cumulative trading volume has reached approximately $27 billion, around 26 to 27 times its current TVL.
Centralized exchanges account for roughly $18 billion of that volume, showing how tokenized stocks are increasingly connected to established trading infrastructure.
Monthly transfers within the Ondo ecosystem also rose 25.37% to $2.82 billion. Meanwhile, its holder count passed 200,000 after increasing 20% in a month.
If those trends continue, stronger liquidity and a broader investor base could improve market depth and make tokenized equities more accessible.
Binance Strengthens Off-Hours Trading
The competitive landscape is also changing as trading expands beyond traditional U.S. stock-market hours. Over a six-week period, 51% of tokenized-equity trading occurred outside regular market sessions.
According to DeFiLlama data, Binance handled 69% of combined trading during U.S. market hours, but its share climbed to 82% during overnight periods. Its dominance was even stronger on weekends, reaching 94.4% at one point and averaging 92.8% across roughly 350 weekend hours.
This activity coincided with bStocks surpassing $500 million in assets under management and recording more than $2 billion in volume during one weekend.
Also Read: Ondo Finance Hits $3.61B in RWAs as ONDO Struggles 85% Below Its ATH — What Comes Next?
Ondo Finance remains ahead in asset value, but Binance is gaining an edge in off-hours trading. Together, the figures show a tokenized-equity market expanding through both participation and liquidity. The key question now is whether rising transaction activity will eventually translate into equally strong growth in assets under management.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
