holders: Tokenized stocks track the real share closely, but more than half of trading happens while US markets are closed, so prices can move before the market opens.
- The IMF’s October 2026 Global Financial Stability Report (ch. 3) puts public tokenized assets, not counting repo, at about $65B and tokenized stocks at about $2.3B, with Ondo and xStocks over 70% of that. About 80% of tokenized-stock trades are smaller than one share. The IMF calls the risks to the system limited for now (IMF GFSR Oct 2026, ch. 3). See Overview.