Ondo has launched 15 tokenized stock tokens live on Robinhood Chain, marking one of the few instances where retail investors can actually trade tokenized equities on-chain. However, not all "tokenized stock" initiatives are tradable products. DTCC's tokenization efforts remain focused on institutional conversion services rather than retail-facing listings, while OKX's proposed tokenized stock roster (OKXICE) is still in the proposal stage and faces objections from traditional equity issuers. The distinction highlights a growing gap between announced tokenization plans and actual market access for traders.