Recently, the on-chain US stock token market has been booming. Taking the US stock tokens supported by Ondo as an example, the performance in December alone is enough to illustrate the point.

In the first week of the month, the spot trading volume of such assets on a leading trading platform reached $88 million, accounting for 73% of Ondo's global market. But this is just the beginning.

Throughout December, the trading volume surpassed $1 billion—what does this mean? In Ondo's global US stock token market, this platform's share reached 89.1%. From $88 million to $1 billion, the data reflects the market's continued recognition of on-chain stock tokens as an innovative category.

It is clear that the US on-chain stock token market is still in a rapid growth phase. As the largest trading venue in this sector, a leading platform has successfully captured most of the new market share through liquidity advantages and a large user base. Although this concentration is high, it also confirms the market's confidence in top platforms.