Ondo is positioned for tokenized stocks onchain, a trend that could get much bigger, and adoption should bring more demand for the token. Its stock products hold $1.19 billion and its yield-bearing dollar token USDY $2.28 billion. New BlackRock-designed portfolios hold Ondo's stock and ETF tokens, and institutions can supply tokens using shares held through Alpaca, potentially cheapening liquidity. More buyers attract liquidity, which makes trading cheaper and draws in the next buyer. x.com

