More than half of all tokenized stock-perp volume, 17 days running, is one trade: memory. Thursday: $13.2B of the $24.0B tape, a quarter of it SanDisk alone.
Ondo now has a cleared path to US investors. What the Ondo Stocks catalog looks like on our tape today: 439 tokenized stocks and ETFs on Ondo's own exchange, Gate, and Bitget, $22M traded Wednesday. https://t.co/SNkOJsU11e
Ondo Finance’s SEC-registered broker-dealer subsidiary, Oasis Pro Markets, has secured regulatory authorization to offer tokenized equities and funds to U.S. investors under SEC and FINRA oversight.
Hundreds of millions of Americans and tens of thousands of U.S. financial institutions will soon be able to benefit from the 24/7 access, near-instant settlement, and fractional ownership that Ondo has already made available to billions outside the U.S. through tokenization.
Oasis Pro Markets can now offer compliant U.S. access, via OTC retailing, underwritten primary offerings, private placements and other activities, to tokenized:
→ Publicly traded equities, including in IPOs
→ Fund interests such as ETFs
→ Mutual funds and index funds
In addition, Oasis Pro Markets can support omnibus account structures through existing broker-dealer and advisory channels, which will enable institutional investors, registered investment advisors, and retirement accounts to access tokenized securities through their current brokers.
This is a landmark moment for tokenization and for the modernization of U.S. capital markets.
Ondo Finance pioneered the tokenization sector starting with U.S. Treasuries and Treasuries funds. It has continued to lead the way by tokenizing publicly listed U.S. stocks and ETFs issued by Ondo Stocks, which has received regulatory approval across key regions, including the EU, and expanded global access to U.S. capital markets. This led to Ondo Stocks becoming the largest tokenized securities platform, with over $20B in cumulative volume and $1B+ in tokenized stocks TVL, exceeding all other platforms combined.
Ondo brought Wall Street to the world through tokenization. Now, with regulatory approvals for Oasis Pro Markets secured, we’re built to bring tokenization to American investors, institutions, and capital markets.
We've tracked 14 crypto exchanges providing stock exposure so far.
Underneath them sit 13 issuers and brokers plus 3 US custody & clearing firms.
Hover any name to trace who runs on whose rails: https://t.co/GCq7iDl3FZ
Tokenized stocks just had their first billion-dollar week: $1.30B traded across 11 exchanges, July 13 to 19. The previous record week was $831M.
Friday alone set the single-day record: $274.9M.
Two days after @okx opened its unified tokenized stock market, its 24 listings did $16.6M in the last 24 hours.
Tokenized $GOOG traded under $1.5M a day all month. Last 24 hours: $10.2M, $8.0M of it on OKX's new book.
Binance and Backpack carry 42 tokenized stock listings between them. Ondo and Kraken carry 600. The 42 do 69% of all spot tokenized stock volume.
Backpack offers 460 stocks as broker-held real shares. It tokenized only six, including Micron, SanDisk, SK Hynix and SpaceX.
OKX Unified Tokenized Stocks here means one ticker per stock, one order book.
Multiple token issuers can sit behind that ticker. Today it’s @xStocksFi only.
SK Hynix now trades as two perp markets referencing two different securities.
The Korea-listed line did $6.8B in the last 24 hours.
The Nasdaq ADR line, live since July 10, did $446M.
Same company. Fifteen to one.
bStocks now supports 20+ tokenized stock trading 24/7 and free withdrawal to @BNBCHAIN ecosystem for DeFi.
The best companies + the best liquidity by @binance is here.
Useful context on the $3.6B: Hyperliquid published OI counts both sides (long + short), so it’s ~2× the one-sided convention.
Equity + commodity OI growth on a one-sided basis:
Backpack opened a weekend session for US stocks on Friday, on its own order book.
Saturday's tape: all three names trade above Friday's Nasdaq close, SanDisk the widest at 1.8%.
Weekend trading starts now on Backpack.
Trade real US equities while US exchanges are closed, powered by Backpack’s native order book.
Now available: $SPCX, $MU, and $SNDK.
@Grayscale@The_DTCC The most traded tokenized equities issued by @xStocksFi is using SPV. We break down the ownership structure so you don't need to read thousands of legal pages.