DeFi· ★★★· bullish·

Ondo Leads $686.5M Tokenized ETF Market With $325.7M Issued

  • —Ondo issued $325.7M in tokenized ETFs, about 47% of the market
  • —Total tokenized ETF market stands at $686.5M
  • —Binance bStocks issued $160.1M, xStocks $128.6M
  • —Top three issuers control roughly 90% of the market
Why it matters: The concentration among three issuers shows who is setting the standards for TradFi's integration with blockchain-based products.
Source: Coinfomania