$ONDO TOKENIZED STOCKS JUST HIT $4.64B 👽
STABLECOINS WERE AT THE SAME SIZE IN MARCH 2020
per @tokenterminal stablecoins grew 64x from that point, to about $296B today
the tokenized stock market as of oct 28 👇
> 86% of it uses 1:1 backing
> 3 issuers hold about 81% of the market
> @Ondo is one of them with over $900M per the RWA trackers
and @OndoPerps has averaged $1.1B+ in weekly volume since Ondo Stocks went live as collateral, per Ondo
the $ONDO token sits at a $1.99B market cap
80.9% under its december 2024 ATH
with stablecoins there was never a ticker to buy the issuer early
this time one of the 3 biggest issuers has a token you can buy
i'm taking that bet at these prices
NFA DYOR Tribe
-Brondor #rwa #ondo #Macro Insights#
STABLECOINS WERE AT THE SAME SIZE IN MARCH 2020
per @tokenterminal stablecoins grew 64x from that point, to about $296B today
the tokenized stock market as of oct 28 👇
> 86% of it uses 1:1 backing
> 3 issuers hold about 81% of the market
> @Ondo is one of them with over $900M per the RWA trackers
and @OndoPerps has averaged $1.1B+ in weekly volume since Ondo Stocks went live as collateral, per Ondo
the $ONDO token sits at a $1.99B market cap
80.9% under its december 2024 ATH
with stablecoins there was never a ticker to buy the issuer early
this time one of the 3 biggest issuers has a token you can buy
i'm taking that bet at these prices
NFA DYOR Tribe
-Brondor #rwa #ondo #Macro Insights#
