Tokenized #etf s are starting to look less like a niche crypto experiment and more like a real market trend.
Ondo’s IVVon, a tokenized version of the iShares Core S&P 500 ETF, has grown from roughly $22M to $69.6M in market cap this year, making it the largest tokenized ETF by market cap.
What interests me is what this means for the broader tokenized-stock narrative. People are clearly becoming more comfortable putting traditional assets like stocks and ETFs on-chain.
And this is where STON.fi xStocks gets interesting. On $GRAM , eligible users can already access tokenized stocks and ETFs through STON.fi, with assets backed 1:1 by the underlying assets and usable within TON DeFi.
So when I see products like IVVon growing this quickly, I don't just see another tokenized ETF I see more evidence that traditional markets are slowly moving on-chain.
Ondo’s IVVon, a tokenized version of the iShares Core S&P 500 ETF, has grown from roughly $22M to $69.6M in market cap this year, making it the largest tokenized ETF by market cap.
What interests me is what this means for the broader tokenized-stock narrative. People are clearly becoming more comfortable putting traditional assets like stocks and ETFs on-chain.
And this is where STON.fi xStocks gets interesting. On $GRAM , eligible users can already access tokenized stocks and ETFs through STON.fi, with assets backed 1:1 by the underlying assets and usable within TON DeFi.
So when I see products like IVVon growing this quickly, I don't just see another tokenized ETF I see more evidence that traditional markets are slowly moving on-chain.