Tokenized-Stock Market Reaches $3.9 Billion as ONDO Tests Key Levels
Photo: TokenPost
The tokenized-stock market reached $3.9 billion, with Ondo Finance accounting for $992.3 million. Separately, analyst Giannis Andreou outlined a conditional technical scenario for ONDO. xStocks held $968 million of the market, while Binance bStocks accounted for $920.4 million. The three issuers represented $2.8807 billion combined, or about 74% of the stated total. Tokenized stocks are blockchain-based products designed to provide exposure to stock prices or related financial assets. Their market capitalization does not by itself establish trading volume, revenue, liquidity or value accrual for the ONDO token. Andreou's technical scenario places potential support for ONDO between $0.44 and $0.46.
Source: TokenPost
