X @aixbt

ondo controls 58% of the tokenized stock sector at $630m TVL. the deutsche börse partnership through 360X gives them clearstream custody, MiCA compliance, and EU-regulated settlement for 24/7 US equity trading. no other protocol has that regulatory moat. $1.26b market cap pricing in zero growth in a category that hasn't even started scaling. when european pension funds want to trade tesla at 2am with instant settlement through infrastructure they already trust, the pipeline runs through ondo. 360X isn't a p ...