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Ondo Finance

ondo.finance →·302 stories in our coverage

Institutional-grade tokenized treasuries, stocks and ETFs (USDY, OUSG).

Ondo Finance in the news

Active Strategies

Franklin Templeton’s tokenized high yield bond ETF lands on Pendle as FLHYon

Ondo Finance has expanded the utility of its tokenized Franklin Templeton high-yield corporate bond ETF, FLHYon, by launching a dedicated market on the yield-trading protocol Pendle. This integration allows investors to trade the future income streams of the tokenized junk bond fund with a fixed maturity date set for 2026. FLHYon, which operates on the Ethereum blockchain, provides economic exposure to the underlying Franklin Templeton ETF through an offshore structure managed by Ondo Global Markets. As of October 2026, the tokenized asset reached a circulating supply of approximately 20,558 units with an on-chain value of roughly $497,000. The expansion follows a broader strategic partnership between Franklin Templeton and Ondo, which aims to bring five different ETFs onto the blockchain. Beyond Pendle, the token has also gained utility as collateral on the lending platform Morpho, supported by Chainlink price oracles. While this development enhances the financial engineering possibilities for RWA holders, the market remains relatively small and carries inherent risks including credit exposure, oracle reliance, and smart contract vulnerabilities. This move signifies a growing trend of layering decentralized finance protocols on top of institutional-grade tokenized securities to increase capital efficiency.

#Ethereum#Ondo Finance#FranklinTempleton

cryptobriefing.comAdded: Oct 13, 20267.5

Stocks

What Is BlackRock Stock (BLK) and the BLKon Tokenized Stock?

BlackRock, the world's largest asset manager with $15.34 trillion in assets under management, remains primarily driven by traditional financial markets rather than its crypto-related products. While BlackRock manages significant digital asset funds like IBIT and ETHA, these contribute less than 1% of its base fees and revenue. To provide retail access to BlackRock's equity performance, Ondo Global Markets issued BLKon, a tokenized stock available on the Pintu platform. BLKon is a debt security structured to track the price of BlackRock (BLK) shares, allowing investors to gain exposure to the firm's broader business engines, including iShares ETFs, private markets, and the Aladdin platform. As of October 2026, BLKon is backed 1:1 by BLK shares held at a US-regulated custodian, with daily verification provided by Ankura Trust Company. Although the token mirrors the price and dividend performance of the underlying stock, holders do not possess official shareholder rights or voting privileges. This product highlights the growing trend of tokenizing traditional equities to lower entry barriers, as seen with the minimum investment of IDR 100,000 on Pintu. Investors are cautioned that BLKon's value is tied to BlackRock's corporate performance and global financial trends rather than the volatility of Bitcoin.

#RWA#Ondo#TokenizedStocks

pintu.co.idAdded: Oct 12, 20267.5

Infrastructure

XRPL Ranks 6th for Tokenized Asset Value – What the Number Misses

The XRP Ledger (XRPL) has secured the sixth position in RWA.xyz’s network rankings, reporting over $5 billion in tokenized asset value excluding stablecoins. While the headline figure of $5.046 billion suggests significant institutional adoption, the data reveals that only 9.8% of this value is currently marked as distributed. This discrepancy highlights the complexity of on-chain finance, where represented value on a blockchain does not always equate to broad retail liquidity or active secondary market participation. Major institutional products, such as Ondo Finance’s OUSG and abrdn’s U.S. dollar liquidity fund via Archax, drive these figures but remain subject to strict eligibility and compliance controls. These restrictions mean that tokenized assets on XRPL often function as specialized institutional instruments rather than unrestricted retail tokens. The report emphasizes that total value metrics should be interpreted alongside specific offering terms, including redemption windows and transfer limitations. Ultimately, the growth of XRPL as a venue for tokenized Treasuries and money-market funds demonstrates its utility for institutional cash management, though it does not necessarily correlate to direct demand for the native XRP token.

#Ondo Finance#RWA#Tokenization

coindoo.comAdded: Oct 12, 20267.5

Stocks

Tokenized-Stock Market Reaches $3.9 Billion as ONDO Tests Key Levels

The tokenized stock market has reached a total valuation of $3.9 billion, with three major issuers—Ondo Finance, xStocks, and Binance bStocks—collectively accounting for $2.88 billion or 74% of the sector. Ondo Finance currently leads this segment with $992.3 million in market share, followed closely by xStocks at $968 million and Binance bStocks at $920.4 million. While these figures highlight the growing scale of blockchain-based exposure to traditional equities, analysts caution that market capitalization does not directly correlate to liquidity, revenue, or value accrual for the ONDO governance token. Technical analysis by Giannis Andreou suggests potential support levels for ONDO between $0.44 and $0.46, with a conditional upside target near $0.70 if resistance levels are cleared. These projections remain speculative, as the analysis emphasizes that market cap metrics do not reflect the underlying trading volume or financial health of the protocols. The data underscores the concentration of the tokenized stock market among a few dominant players. Investors are advised to distinguish between the growth of tokenized asset products and the price performance of associated governance tokens.

#Ondo Finance#MarketAnalysis#RWA

tokenpost.comAdded: Oct 11, 20267.0

Infrastructure

Ondo (ONDO) Price Up 3.67% on Tokenization Catalysts

Ondo Finance has experienced a modest price appreciation driven by a confluence of positive developments within the real-world asset (RWA) sector. The launch of Ondo Private Markets, which enables non-U.S. investors to access tokenized notes tied to private companies like pre-IPO AI firms, has significantly bolstered investor sentiment. This momentum is supported by broader market data indicating that the tokenized stock sector has grown approximately 395% year-over-year to reach $3.20 billion. Furthermore, research from Citrini Research has identified ONDO as a primary beneficiary of the ongoing institutional trend toward asset tokenization. The project's visibility has been further enhanced by its strategic collaboration with BlackRock on on-chain model portfolios and active participation in industry events like the Singapore meetup. While large wallet movements to exchanges like OKX and social media trading activity have contributed to market noise, the price action reflects a steady, narrative-driven accumulation. These developments collectively reinforce Ondo's position as a key infrastructure provider in the evolving landscape of institutional RWA adoption.

#RWA#Ondo#Tokenization

coinmarketcap.comAdded: Oct 10, 20267.5

Stocks

Jersey, BVI and UAE dominate the tokenized stock market

Data from RWA.xyz reveals that approximately 81% of the $2.93 billion tokenized equity market is concentrated within three offshore jurisdictions: Jersey, the British Virgin Islands (BVI), and the UAE's Abu Dhabi Global Market (ADGM). Major issuers like Ondo, Kraken’s xStocks, and Binance’s bStocks utilize special purpose vehicles (SPVs) in these regions to hold underlying shares and issue 1:1 backed tokens. Jersey currently leads in total market value with roughly $651.4 million, while the BVI holds the record for the highest volume of individual security issuances. The ADGM has emerged as a preferred hub for exchange-sponsored products due to its English common law framework. This concentration is significant because the legal jurisdiction of the SPV dictates the regulatory environment, investor protections, and recourse mechanisms for token holders. Because the broader RWA market has surged 390% year-to-date, the reliance on these specific hubs creates systemic sensitivity to local regulatory shifts. Investors must recognize that the legal profile of a tokenized stock is fundamentally tied to the specific offshore structure used by the issuer.

#RWA#Ondo#TokenizedEquities

cryptobriefing.comAdded: Oct 9, 20267.5

Stocks

1exchange and Ondo Finance Partner to Expand Access to Tokenized Equities

1exchange, a regulated RWA exchange based in Singapore, has announced a strategic collaboration with Ondo Finance to explore the listing of tokenized equities on its marketplace. This partnership aims to provide eligible investors in Asia with regulated secondary market access to Ondo’s suite of tokenized stock products. By leveraging 1exchange’s automated order-matching system, the initiative seeks to bridge the gap between primary issuance and secondary liquidity for on-chain financial assets. The collaboration highlights a broader industry shift toward building robust infrastructure for the post-issuance lifecycle of real-world assets. As 1exchange operates under a Capital Markets Services licence, this move underscores the increasing importance of regulatory compliance in the tokenized securities sector. The potential integration remains subject to ongoing due diligence and adherence to specific listing requirements. This development is significant for the RWA market as it demonstrates the maturation of secondary trading venues necessary for broader institutional and retail adoption of tokenized equities.

#Ondo Finance#TokenizedEquities#Singapore

vietnamnews.vnAdded: Oct 9, 20267.5

Stocks

Tokenized Stocks Explained: Ownership, Dividends, Fees and Risks

Tokenized stocks represent a diverse category of blockchain-based instruments that range from direct ownership of securities to derivative-like tracker certificates. The legal structure connecting the token to the underlying asset is critical, as many products provide economic exposure rather than direct shareholder rights. Issuers like xStocks and Ondo Finance utilize different models, such as segregated custody or rebasing mechanisms, to mirror stock performance and dividend distributions. Investors must distinguish between secondary market trading prices and the issuer's specific creation or redemption processes, which may not operate 24/7. Furthermore, the ability to hold tokens in a self-custody wallet does not equate to owning the underlying shares, as the holder remains dependent on the issuer's contractual obligations. Understanding these nuances is essential for market participants, especially when navigating differences between U.S. custodial models and offshore wrapper tokens. Ultimately, the tokenization of stocks requires rigorous due diligence regarding tax treatment, dividend handling, and liquidity constraints to ensure the instrument aligns with investor expectations.

#Ondo Finance#Blockchain#TokenizedStocks

blockster.comAdded: Oct 7, 20267.5

Infrastructure

NEAR’s Polosukhin sees shrinking need for centralized exchanges as onchain tools expand

NEAR co-founder Illia Polosukhin stated that the expansion of onchain tools is reducing the necessity for centralized exchanges, positioning near.com as a comprehensive interface for diverse financial activities. The platform currently integrates spot trading, perpetual futures, and tokenized stocks, the latter of which were enabled through a September integration with Ondo Finance. NEAR is actively developing infrastructure to support broader fiat-to-asset capabilities, including partnerships with Monerium for euro-denominated transactions and plans for global stock offerings. A key component of this evolution is the NEAR Intents infrastructure, which utilizes a confidential shard to balance transaction privacy with selective disclosure. Despite a recent $3.8 million exploit involving the Omni deposit infrastructure, the protocol successfully recovered all funds and resumed operations. Polosukhin envisions a future where AI agents serve as the primary front-end for onchain markets, further abstracting the complexity of decentralized finance. This shift toward onchain-native financial services represents a significant move toward replacing traditional custodial intermediaries with automated, intent-based systems.

#Ondo Finance#TokenizedStocks#OnchainFinance

The BlockAdded: Oct 7, 20266.5

Stocks

Tokenized equity trading hits record $15.6 billion in September

Tokenized equity trading reached a record $15.6 billion in September, marking a 16.4% increase from the previous month and surpassing the prior July peak. Robinhood dominated the sector with $6.57 billion in volume, capturing a 42% market share after a 407% surge in activity. Meanwhile, Binance’s bStocks saw volume decline by 45.5% to $5.42 billion, placing it second in the market. The total market capitalization for tokenized stocks rose 13.7% to $4.87 billion, now representing 14.2% of the broader real-world asset market. While equity trading flourished, other sectors saw mixed results, with tokenized bond and money-market funds falling 8.1% to $17.3 billion. Conversely, private credit and commodities experienced growth, reaching $5.62 billion and $6.43 billion respectively. This shift highlights the increasing institutional focus on blockchain-based securities infrastructure and the evolving composition of the on-chain asset landscape.

#RWA#Ondo#Securitize

crypto-reporter.comAdded: Oct 7, 20268.0

Stocks

How To Buy Tokenized Stocks, Self-Custody Them, and Earn Yield

The tokenized stock market has experienced significant growth, with total market capitalization reaching between $2.6 billion and $3.6 billion, representing a 632% year-over-year increase. Major platforms including Binance, Robinhood, and Coinbase have introduced their own tokenized stock offerings, which are now accessible across multiple blockchains such as BNB Chain, Solana, and Base. These assets utilize various structures, ranging from debt notes and tracker certificates to beneficial claims on custody-held shares, allowing users to bypass traditional brokerage limitations. Aave’s V4 Equities Hub on Base has further integrated these assets by enabling Coinbase stock tokens to serve as collateral for USDC loans with loan-to-value ratios up to 79%. Platforms like MetaMask and Guardis now facilitate direct trading of Ondo Finance stocks and commodities, providing 24/5 market access that extends beyond traditional Nasdaq trading hours. While this expansion offers increased liquidity and accessibility for global users, investors must navigate varying regulatory availability and potential weekend liquidity gaps. This shift highlights the maturation of on-chain equity markets, where blockchain technology provides unique utility for collateralization and self-custody that traditional finance cannot replicate.

#Base#Ondo Finance#Aave

coinmarketcap.comAdded: Oct 6, 20268.0

PE / VC

Ondo opens private markets with tokenized pre

Ondo Finance has launched Ondo Private Markets, a new platform designed to provide eligible investors with tokenized exposure to private, pre-IPO companies. The initial offering features notes linked to the value of common shares in an unnamed artificial intelligence firm, with payouts triggered by qualifying liquidity events. These notes offer economic exposure to private equity without requiring direct share ownership, allowing for self-custody and 24/7 secondary market trading. This expansion follows the success of Ondo Stocks, which currently manages over $1 billion in total value locked across 450 tokenized assets. By bridging the gap between private markets and blockchain infrastructure, Ondo aims to democratize access to high-growth sectors like robotics, biotech, and cybersecurity. The move reflects a broader industry trend toward tokenizing private equity, mirroring recent initiatives by major financial players like Citi and Robinhood. This development signifies a critical step in increasing the liquidity and accessibility of traditionally illiquid private market assets through distributed ledger technology.

#Ondo Finance#RWA#Tokenization

Cointelegraph — RWA TokenizationAdded: Oct 6, 20267.5