Ondo's tokenized stocks are starting to move like breakout deals.

Funds still dominate in absolute size, with USDY and OUSG doing the bulk of the work, and stablecoins steadily growing at +36%. However, tokenized stocks have grown over 3,000% year-over-year, still the smallest segment, but growing approximately 14 times faster than the rest.

If this pace continues, stocks will cease to be a complement and become a driver.