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According to ChainCatcher, RWAxyz data shows that the total on-chain value of tokenized stocks has surpassed 1 billion USD. Ondo Finance and the xStocks platform under Backed Finance account for the majority of the market share in tokenized stock issuance and trading. Ondo Finance holds approximately 58%, while xStocks accounts for about 24%, forming an early duopoly in the industry.

This key development marks the entry of both parties into a substantive phase of strategic cooperation, laying the foundation for future resource integration and business synergy.

He will lead the strategic development and technological innovation of the Butterfly Embedded™ business line, which focuses on integrating portable ultrasound technology into various medical device ecosystems. Horsley has over twenty years of R&D management experience in the medical technology field and has led multiple interdisciplinary teams in commercializing cutting-edge technologies. His professional background is highly aligned with Butterfly Network's vision to revolutionize medical diagnostics through chip-based ultrasound technology. This appointment marks the company's acceleration in advancing embedded ultrasound solutions for deep application in scenarios such as telemedicine, emergency care, and specialized clinical settings. The CEO of Butterfly Network stated that Horsley's groundbreaking achievements in MEMS sensors and medical imaging integration will strongly drive portable ultrasound devices toward greater intelligence and modularization. Currently, Butterfly Embedded™ technology has been applied in innovative products such as handheld ultrasound scanners and mobile diagnostic platforms, with future plans to expand into wearable medical devices and AI-assisted diagnostic systems.