With more exchange listings, xStocks has greater potential for retail adoption. With both products competing for users in a rapidly expanding market, crypto exchange listings are critical drivers of adoption. Comparing xStocks and Ondo Global MarketsBoth launched in 2025, xStocks and Ondo Global Markets have much in common. Ondo Leads in Exchange PartnershipsIssued using common token standards, tokenized stocks from xStocks and Ondo Global Markets have been listed on major crypto exchanges. Ondo Global Markets vs. xStock: Crypto Exchange ListingsExchange Ondo Global Markets xStocks Bitget Onchain ✔ ✔ Bybit 🗙 ✔ Gate.io ✔ ✔ Kraken 🗙 ✔ KuCoin 🗙 ✔ LBank ✔ ✔ MEXC ✔ ✔Total Value Locked on Tokenized Stock PlatformsDespite having a three-month head start and more exchange exposure, xStocks has fallen behind Ondo Global Markets’ Total Value Locked (TVL).