Ondo Finance
ondo.finance →181 stories in our coverage
Institutional-grade tokenized treasuries, stocks and ETFs (USDY, OUSG).
25 open roles at Ondo FinanceOndo Finance in the news
Tether Leads in Tokenized Assets as Market Interest Grows
Tether is emerging as a central figure in the expanding real-world asset (RWA) tokenization sector, signaling a broader shift in how digital assets are utilized within the crypto ecosystem. According to data highlighted by Token Terminal, Tether's strategic focus on tokenization aligns with a growing industry trend that includes major players such as Sky, Securitize, Ondo Finance, xStocks, and Binance bStocks. These entities are actively leading the development of tokenized funds and stocks, which aims to reshape traditional market dynamics and asset accessibility. While the broader cryptocurrency market currently exhibits mixed performance, the push toward tokenizing commodities and financial funds remains a significant area of institutional interest. This trend suggests that tokenization could become a primary driver for future investment activity and trading strategy evolution. Tether’s established role as a stablecoin issuer provides the necessary liquidity to support these initiatives, potentially cementing its influence in the RWA space. As more participants enter the market, the integration of real-world assets onto blockchain infrastructure is expected to create new opportunities and risks for investors. Monitoring these developments is essential for understanding the long-term trajectory of digital asset adoption.
LBank adds USDY token by Ondo Finance, enabling onchain access to U.S. Treasury-backed yield
LBank has officially announced the listing of USDY, a yield-bearing tokenized dollar issued by Ondo Finance, on its cryptocurrency exchange platform. The asset is backed by a combination of short-term U.S. Treasuries and bank demand deposits, offering holders yield directly through the token structure. Deposits and spot trading for the USDY/USDT pair are scheduled to commence on August 31, 2026, with withdrawals opening the following day. This listing represents a strategic expansion of the collaboration between LBank and Ondo Finance to integrate more real-world assets into the exchange's existing crypto offerings. By providing access to USDY, LBank aims to broaden its portfolio for non-U.S. holders seeking exposure to yield-generating, treasury-backed digital assets. The trading pair will feature a 0.2% fee structure for both makers and takers. This development highlights the ongoing trend of centralized exchanges incorporating regulated, RWA-backed tokens to bridge traditional finance and decentralized markets.
Ondo urges SEC, CFTC to bring US stock perpetuals onshore
Ondo Finance has formally petitioned the SEC and CFTC to authorize the domestic offering of perpetual futures tied to individual U.S. stocks. In three comment letters submitted on August 24, the firm argued that existing security futures frameworks are sufficient to regulate these products without requiring new legislation. Ondo contends that modern onchain margining and scheduled funding payments effectively align perpetual contracts with underlying asset prices, mirroring traditional futures functionality. The company currently operates an offshore platform via a Panama-based affiliate that offers stablecoin-settled perpetuals on U.S.-listed equities. This platform has already achieved $8 billion in cumulative trading volume within six weeks of its launch, demonstrating significant market demand. By advocating for an onshore regulatory pathway, Ondo aims to capture the substantial volume currently migrating to offshore venues. As the fourth-largest tokenized RWA manager by distributed value, Ondo's proposal highlights the growing tension between innovative onchain derivatives and current U.S. regulatory boundaries. This initiative represents a strategic effort to integrate high-velocity RWA derivatives into the regulated U.S. financial ecosystem.
What Are Tokenized Stocks? How Shares and Funds Move Onchain
Tokenized stocks represent blockchain-based ownership of traditional securities, functioning as digital records of economic interests in publicly traded companies. The market distinguishes between issuer-sponsored tokenization, where blockchain is integrated into official shareholder records, and third-party products that provide economic exposure through custodians. Companies like Ondo Finance currently offer over 440 tokenized stocks and ETFs on networks including Ethereum, Solana, and BNB Chain. Institutional adoption is accelerating, evidenced by Aviva Investors launching a tokenized share class of its U.S. Dollar Liquidity Fund on the XRP Ledger in July 2026. Furthermore, the DTCC has successfully processed production trades using tokenized assets, signaling a shift toward blockchain-based securities settlement. The NYSE is also developing a platform to support 24/7 trading and settlement for tokenized equities. These developments are supported by evolving regulatory frameworks, such as the SEC's 2026 proposal to modernize transfer-agent rules to accommodate blockchain technology. This transition matters because it moves the financial industry toward a more efficient, onchain infrastructure for the lifecycle of traditional securities.
Tokenized single-name stocks reach $2B, claiming nearly 5% of the RWA market
The tokenized stock market has surged to a $2 billion valuation, representing approximately 4.7% of the total $44.6 billion real-world asset (RWA) sector. This rapid growth is driven by significant retail demand for on-chain equity exposure, particularly following the June 2026 SpaceX Nasdaq IPO and Securitize’s July 2026 NYSE listing. Monthly transfer volumes for these assets have now surpassed $20 billion, with the total number of holders exceeding 1 million. While synthetic and derivative wrappers currently dominate trading volume due to their ease of cross-border accessibility, native equity models like Securitize’s SECZ token are gaining traction by offering direct asset rights. Ondo Finance, Binance bStocks, and xStocks collectively control 77% of the market share, employing distinct distribution strategies to capture investor interest. This migration of equity trading onto blockchain rails signals a shift in how retail participants access traditional financial instruments. The emergence of this category as the fastest-growing RWA subsector forces traditional brokerages to acknowledge the increasing demand for on-chain composability and accessibility.
What Is NBISON? Ondo Tokenized Nebius Group Stock Explained
Ondo Finance has introduced NBISON, a tokenized version of Nebius Group stock, enabling investors to gain exposure to the AI infrastructure company via the blockchain. This asset is structured as a tokenized security, allowing for 24/7 trading and fractional ownership of Nebius Group shares, which are listed on the Nasdaq under the ticker NBIS. By leveraging the Ondo platform, users can interact with traditional equity markets through a decentralized interface, bridging the gap between legacy financial systems and digital assets. The integration utilizes the Ethereum blockchain to facilitate the issuance and management of these tokens, ensuring transparency and compliance with regulatory standards. This development represents a significant expansion of Ondo's tokenized product suite, which previously focused heavily on U.S. Treasury-backed assets. For the broader RWA market, this move signals a shift toward tokenizing high-growth technology equities rather than just fixed-income instruments. The availability of NBISON on platforms like MEXC further enhances liquidity and accessibility for global retail investors seeking exposure to AI-driven infrastructure.
Tokenized Treasuries Are Becoming Collateral. That Raises the Stakes.
Tokenized U.S. Treasuries are increasingly being utilized as collateral within decentralized finance (DeFi) protocols, marking a significant shift in how traditional financial assets interact with blockchain ecosystems. Platforms like Ondo Finance, Franklin Templeton, and Backed Finance have seen substantial growth as investors seek yield-bearing, on-chain alternatives to volatile crypto assets. By integrating these instruments into lending markets, protocols enable users to leverage stable, government-backed assets to secure liquidity or participate in complex trading strategies. This evolution transforms tokenized Treasuries from simple yield-generating vehicles into foundational building blocks for institutional-grade DeFi infrastructure. However, this integration introduces new systemic risks, including potential liquidity mismatches and the complexities of cross-chain interoperability. As these assets become deeply embedded in collateralized debt positions, the reliance on centralized issuers and regulatory compliance frameworks becomes more critical. The maturation of this sector signals a broader trend where traditional capital markets and decentralized protocols converge to create more efficient, transparent financial systems.
LBank Expands Ondo Finance Partnership with USDY and Ondo Intelligent Portfolios
LBank has expanded its strategic partnership with Ondo Finance to integrate USDY and Ondo Intelligent Portfolios (OIPs) into its trading platform. This integration allows LBank's 25 million registered users to access tokenized U.S. stocks and yield-bearing real-world assets directly within a crypto-native environment. By offering diversified exposure to sectors like artificial intelligence and semiconductors, the platform aims to streamline the investment process for traditional financial products. This move represents a significant step in LBank's broader strategy to build a comprehensive multi-asset TradFi ecosystem that includes commodities, precious metals, and pre-IPO assets. The collaboration leverages blockchain-based infrastructure to eliminate the need for users to manage multiple brokerage relationships. As interest in thematic investment products grows, this expansion provides users with greater flexibility to navigate global market trends. Ultimately, the partnership underscores the ongoing convergence between traditional financial markets and digital asset exchanges.
Ondo Finance Carving Its Path in Tokenized Innovation
Ondo Finance is expanding its role in the RWA sector by launching a $250 million Catalyst fund designed to build essential infrastructure for on-chain finance. This initiative focuses on critical areas such as compliance, custody, and trading frameworks to support the broader adoption of tokenized assets. By partnering with decentralized exchange protocols like 0x and Matcha, Ondo aims to tap into over 130 liquidity sources to enhance the trading of tokenized equities. The broader market for tokenized assets is showing significant momentum, evidenced by a 415% increase in on-chain transfer volume, reaching $29.5 billion over a 30-day period. These strategic moves position Ondo as both a product issuer and a foundational technology provider within the DeFi ecosystem. While the ONDO token faces technical resistance levels, the firm's focus on regulatory compliance and institutional-grade infrastructure is intended to foster long-term market stability. Ultimately, these developments highlight the industry's shift toward creating a more secure and liquid environment for real-world assets on the blockchain.
RWA Market Growth Puts LINK, XLM and ONDO In Focus
The Real World Asset (RWA) market has experienced significant expansion, growing 18.1 times over the past three years to reach a valuation of $44.6 billion, excluding stablecoins. Institutional demand for yield-bearing products remains the primary driver, with tokenized U.S. Treasury bills leading the sector at $15.1 billion, followed by active yield strategies and private credit. Ethereum continues to serve as the dominant settlement layer, while Stellar and Avalanche have established themselves as critical issuance rails for institutional funds. Amidst this growth, market participants are closely monitoring the technical performance of LINK, XLM, and ONDO as proxies for the sector's infrastructure. Chainlink provides essential oracle and cross-chain interoperability, Stellar facilitates cost-effective settlement for funds like Franklin Templeton’s, and Ondo Finance specializes in on-chain distribution of traditional assets. While the underlying RWA ecosystem shows robust institutional adoption, the price action of these associated tokens remains subject to technical resistance levels and market volatility. The current market phase highlights the disconnect between rapid institutional infrastructure growth and the speculative nature of token price movements. Investors are now looking for confirmation that the expansion of tokenized assets can translate into sustained demand for these specific protocol tokens.
CZ Admits He Underestimated RWA Growth as Tokenized Assets Near $39 Billion
Binance co-founder Changpeng Zhao has publicly acknowledged a shift in his perspective regarding real-world asset tokenization, admitting he previously underestimated the sector's growth potential. As of late August 2026, RWA.xyz data indicates that distributed real-world assets on-chain have reached approximately $38.35 billion, excluding stablecoins. This market expansion is supported by a 104% monthly increase in unique wallets, now totaling nearly 3 million holders. Ethereum remains the dominant blockchain for these assets with $17.2 billion in value, followed by BNB Chain and Solana. While tokenized Treasury products like BlackRock’s BUIDL and Circle’s USYC remain significant, tokenized equities have seen a massive 415% surge in monthly transfer volume. Zhao now views tokenization as a critical component of future financial infrastructure, citing advantages such as 24/7 trading and increased transparency. This institutional recognition highlights the transition of tokenized assets from a niche crypto experiment to a core pillar of global financial markets.
Ondo Finance Unveils Powerful Policy Triumph In 2026 Era
Ondo Finance has appointed Allison Parent as its new Chief Policy Officer to spearhead global regulatory strategy for its $1.4 billion tokenized Treasury platform. Parent brings extensive experience from her nine-year tenure as Executive Director of the Global Financial Markets Association, alongside previous roles at Barclays, the Bank of England, and the U.S. Senate. This strategic hire signals Ondo Finance's intent to actively participate in shaping the regulatory frameworks governing asset tokenization, including the GENIUS Act and MiCA implementation. By leveraging Parent's background in capital markets policy and financial stability, the company aims to bridge the gap between decentralized finance and traditional institutional standards. This move occurs as the broader tokenized Treasury market surpasses $7 billion in total capitalization. Ondo Finance continues to compete with major institutional players like BlackRock and Franklin Templeton in the rapidly evolving RWA sector. The appointment underscores the industry's shift toward professionalizing regulatory engagement to facilitate wider adoption of tokenized securities.
Showing the 12 most recent of 181.