OndoFinance’s Tokenized Stocks on Bitget Hit $88 Million Volume

Ondo Finance’s tokenized equities on Bitget reached $88 million trading volume in early December, securing 73% of the market and underscoring blockchain’s growing role in traditional equity trading.

ONDO

Summary

Ondo Finance reported that its tokenized stock offerings on the Bitget cryptocurrency exchange achieved over $88 million in trading volume during the first week of December, capturing 73% of the market share. The company emphasized that this performance reflects the accelerating shift of global equity trading toward blockchain-based formats.

Terms & Concepts
  • Tokenized Stocks: Digital representations of traditional equity shares issued and traded on a blockchain.
  • Bitget: A cryptocurrency exchange offering spot, futures, and tokenized asset trading.
  • On-chain: Recording transactions directly on a blockchain ledger for transparency and immutability.