Tokenized stocks have quietly become a billion-dollar product for one DeFi name.
Per Cointelegraph, Ondo Stocks now holds more than $1 billion in total value locked across 450+ tokenized stocks and ETFs. Ondo is extending the same model to private AI companies through tokenized notes.
Yet $ONDO trades near $0.475, down about 2.5% in 24 hours, per CoinGecko. In my view, product traction and token price run on different clocks: TVL shows demand for the service, but the token needs a clear value link to benefit.
💬 What would make you value a protocol token more: TVL, fees, or buybacks?
#Ondo #Tokenization
Per Cointelegraph, Ondo Stocks now holds more than $1 billion in total value locked across 450+ tokenized stocks and ETFs. Ondo is extending the same model to private AI companies through tokenized notes.
Yet $ONDO trades near $0.475, down about 2.5% in 24 hours, per CoinGecko. In my view, product traction and token price run on different clocks: TVL shows demand for the service, but the token needs a clear value link to benefit.
💬 What would make you value a protocol token more: TVL, fees, or buybacks?
#Ondo #Tokenization