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Ondo’s tokenized stock lead shrinks as Binance, Robinhood gain ground: DWF Labs

Ondo’s tokenized stock lead shrinks as Binance, Robinhood gain ground: DWF Labs

Photo: Crypto Briefing

The sector grew 483% to $3.8 billion between January and early October, with Binance's bStocks and xStocks each capturing roughly a quarter of the market. Ondo Finance’s dominance of the tokenized equities market has narrowed, with its share sliding from 56% to 26% between early January and the week of Oct. 5 as new entrants such as Binance and Robinhood attracted users and capital, according to new research from DWF Labs.

Source: Crypto Briefing

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