Tokenized Stocks Hit $1.5B at 40x Growth but Two Issuers Hold 89% of the Market

3 days ago 10

Rommie Analytics

Key Takeaways
  • Tokenized stocks onchain market cap: $1.5B, approximately 40x year-over-year.
  • 2,649 tokenized stocks tracked across 10 chains and 11 issuers.
  • Ondo Finance: 63.1% market share, $963.3M.
  • xStocks: 26.4% market share, $402.7M.

The issuer concentration behind the $1.5B figure

Token Terminal’s tokenized stocks data shows total onchain market cap of $1.5 billion across 2,649 tokenized stocks and 11 issuers. The year-over-year growth rate of approximately 40x places this as one of the fastest-growing onchain asset categories by