[Tokenized Stock On-Chain Volume Surpasses $1 Billion, Ondo Finance Holds Approximately 58% Market Share] Odaily Planet Daily News: According to RWAxyz data, the total on-chain value of tokenized stocks has surpassed $1 billion. Ondo Finance and Backed Finance's xStocks platform dominate the majority of the tokenized stock issuance and trading market. Among them, Ondo Finance holds approximately 58% of the market share, while xStocks accounts for about 24%, forming an early duopoly in the industry. (Cointelegraph)