2026-01-07 15:29:30

The stock tokenization sector continues to see rising popularity. The latest data shows that the total market capitalization of the entire sector has surpassed $1 billion, with an astonishing growth rate over the past year—month-over-month growth of over 50 times. Among them, xStock, with a market cap of over $600 million, firmly holds 58.3% of the market share. Another strong player, Ondo Global Markets, also deserves attention; the project has experienced rapid growth in its stock token business on BNB Chain, with a market cap exceeding $50 million. Ondo's combined share on BNB Chain and Ethereum reaches 39%, forming a duopoly market pattern alongside xStock. Behind this trend, it reflects a strong demand for traditional financial assets to be tokenized on the blockchain.

ONDO-0,67%

BNB-2,78%

ETH-2,64%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
10
Repost
Share

Comment

0/400

NFTArchaeologis

· 01-10 15:03

Duopoly pattern... a bit like the early internet's "North and South Two Kings," history tends to repeat itself. It's just that this time it's on the blockchain stage.

View OriginalReply0

ApeWithAPlan

· 01-10 14:55

50x growth? xStock is so powerful, but the duopoly situation feels a bit oppressive. There are still opportunities to enter, right?

View OriginalReply0

TokenSherpa

· 01-10 14:52

actually, let me break this down for you—if you examine the voting dynamics here, xstock's market dominance mirrors historical governance precedent we saw with early uniswap concentration. 58.3% is not sustainable, historically speaking. ondo's 39% share creates interesting quorum implications for tokenomics framework evolution

Reply0

DataPickledFish

· 01-09 18:57

Wow, 50x growth? xStock must be eating alone until they're full... Ondo sharing 39% is already quite aggressive. On-chain traditional finance is no longer a dream, really. How long this wave of popularity can last, no one can say for sure.

View OriginalReply0

ChainWanderingPoet

· 01-07 15:58

50x growth? xStock is really taking a big bite out of the market, with a $600 million market cap accounting for 58%, the dual oligopoly structure is really stable. Ondo is surging across two chains, it seems the hype around traditional finance going on-chain is no joke. If this track can stay steady, it’s really a gold mine. A 50x increase sounds great, but the kind of concentration here is a bit scary. Are xStock and Ondo aiming to monopolize the entire tokenized stock market? Going truly on-chain with traditional financial assets? They've already surpassed a billion dollars in scale. Early entrants are making a killing, now catching the bag depends on luck. With such market concentration, the risk isn’t small either, not everything can reach RWA ceiling.

View OriginalReply0

TokenSleuth

· 01-07 15:57

50x growth? How many people would need to FOMO to pile that up? It feels a bit unrealistic.

View OriginalReply0

SchrödingersNode

· 01-07 15:53

A 50x increase sounds crazy, but these two oligarchs hold 97%... It's really outrageous. Is there no way for others to survive?

View OriginalReply0

OvertimeSquid

· 01-07 15:47

50x growth? How crazy is that? xStock has already absorbed 58%, it seems like Ondo is no longer a concern.

View OriginalReply0

GoldDiggerDuck

· 01-07 15:46

50x growth? With xStock monopolizing the market, what opportunities are left for later entrants?

View OriginalReply0

GasFeeSobber

· 01-07 15:30

The 50x growth rate is outrageous, but the way xStock dominates alone feels a bit familiar... How long the dual-oligopoly pattern can last is really hard to say.

View OriginalReply0