Ondo and xStocks Spark a Multichain Race for Tokenized Stocks in DeFi

Stock tokens are increasingly multichain. Credit: Pixabay. Key Takeaways Tokenized stock providers Ondo and xStocks are expanding across multiple blockchains. Each time stock tokens arrive on a new chain, new DEX pools emerge. Ondo and xStocks are increasingly integrated into a multichain DeFi ecosystem. With tokenized stocks gaining traction, adoption is increasingly driven by decentralized platforms, while centralized exchanges risk falling behind. As they compete for users, two of the most prom ...