Ondo’s QQQon gets $2.3M Ethereum bet as tokenized stocks expand
One trader used $2,328,595.73 to buy 3,167.53 QQQon in one Ethereum transaction this week, a seven-figure purchase that Ondo Finance pointed out as proof that tokenized stocks are no longer in the experimental phase.
The announcement of the trade was made by Ondo on August 17, and its alerts confirmed the same number of tokens and amount of money. As for a market that is trying to demonstrate that it can cope with big flows, the $2.3 million transaction in one execution is noteworthy.
Tokenized stocks are making history.
— Ondo Finance (@Ondo) August 17, 2026
A $2,328,595.73 QQQon buy was executed in a single transaction on Ethereum.
Seven-figure execution, only on Ondo Stocks. https://t.co/hBDBcycrS1
The trade happened while Ondo Stocks, the company’s tokenized equities site, hit the $1 billion milestone in total value locked. It has logged $27 billion in total trading volume since its launch in September 2025. QQQon is one of Ondo’s tokenized exchange-traded funds (ETFs) that allows blockchain investors to access different shares in the U.S.
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