Ondo Finance said its tokenized stock platform, Ondo Stocks, has reached $1.01 billion in TVL (total value locked) less than a year after launching in September 2025. The company said the platform became the world's highest-TVL tokenized stock service provider within 48 hours of launch and has maintained that lead while offering more than 440 assets. Each token is fully backed by the corresponding stock or ETF and held by a licensed U.S. custodial broker. Ondo Finance also disclosed that Ondo Perps, its perpetual contract platform for derivatives that do not expire, has surpassed $8 billion in trading volume since launching in July, including more than $5 billion traded in nearly 30 days since its public launch.