Ondo Finance Tokenized Stock Platform Hits $1.26 Billion TVL Milestone

Ondo Finance's tokenized stock platform reached a record $1.26 billion in total value locked (TVL) as of August 2026. Launched in September 2025, the platform provides non-US retail and institutional users with exposure to US stocks and ETFs across Solana, Ethereum, and BNB Chain. These tokens are increasingly used as collateral in lending and leveraged trading. Following a five-year innovation exemption issued by the SEC in September 2026 for on-chain trading of certain NMS stocks, Ondo executives project that TVL could grow to $5 billion by the end of 2026.