OF

Ondo Finance

ondo.finance →·302 stories in our coverage

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

Ondo Finance in the news

U.S. Treasuries

Real-World Asset Token Ondo Climbs 12%: What Is Driving The Move

Ondo Finance experienced a significant market movement on May 8, 2026, with its native ONDO token recording a 12% price increase within a 24-hour period. Trading at $0.4075, the asset reached a market capitalization of approximately $1.99 billion alongside a robust daily trading volume of $374.4 million. This performance, characterized by an 18% volume-to-market-cap ratio, indicates strong investor interest and liquidity for the protocol. The price action outperformed both Bitcoin and Ethereum, suggesting that market participants are reacting to the sustained appeal of tokenized yield-bearing instruments. Ondo’s infrastructure, which includes tokenized U.S. Treasuries like OUSG and the yield-bearing USDY, remains a central component of the broader RWA ecosystem. As the total tokenized asset market exceeds $15 billion, Ondo’s focus on regulatory compliance and institutional-grade products positions it as a key player in the sector. This price surge reflects broader market expectations regarding Federal Reserve interest rate stability, which directly enhances the competitiveness of Ondo's fixed-income offerings.

#Ondo Finance#RWA#TokenizedTreasuries

yellow.comAdded: Sep 6, 20267.0

U.S. Treasuries

Solana Dominates RWA Flows, Pulling In $348 Million in Net Flows

The Solana blockchain has emerged as a dominant force in the Real World Asset sector, recording $348 million in net inflows over the past 30 days. According to data from the RWA Foundation, the total value of tokenized assets on the network has reached $4.23 billion. This growth is supported by a 17.63% increase in RWA holders, bringing the total to 398,644 participants. Solana currently hosts major institutional products, including Circle's USYC, BlackRock's BUIDL, VanEck's VBILL, and Franklin Templeton's BENJI. Additionally, Ondo Finance utilizes the chain for its USDY and OUSG Treasury-linked offerings. This momentum highlights Solana's increasing utility as a preferred infrastructure layer for tokenized government debt and money market funds. The network's ability to sustain this growth while planning significant consensus upgrades suggests a maturing ecosystem for institutional-grade financial products.

#Solana#Ondo Finance#RWA

cryptonews.netAdded: Sep 5, 20267.5

U.S. Treasuries

How is Ondo Finance’s USDY Different From a Stablecoin?

Ondo Finance's USDY has reached approximately $2.14 billion in outstanding tokens as of late August 2026, distinguishing itself from traditional stablecoins by functioning as a yield-bearing, senior unsecured note. Unlike assets pegged to $1.00, USDY is designed to appreciate in value as it accrues interest from a portfolio of short-term U.S. Treasuries and bank deposits. The asset maintains a collateralization ratio of 105.79%, with assets held in segregated custody primarily at Morgan Stanley. While stablecoins like USDT and USDC prioritize price stability for payments, USDY serves as an investment vehicle for non-U.S. persons, offering a seven-day annualized yield of approximately 3.49%. The protocol has expanded its multi-chain presence to roughly a dozen blockchains, including Ethereum, Solana, and Sui, to facilitate broader international access. Although Ondo's subsidiary Oasis Pro Markets secured FINRA authorizations in July 2026, the token remains restricted to non-U.S. investors due to regulatory compliance requirements. This growth highlights a shift in the RWA market toward tokenized debt instruments that provide transparent, audited yield rather than simple dollar-pegged liquidity.

#Ondo Finance#RWA#Tokenization

cryptonews.netAdded: Sep 5, 20268.0

Infrastructure

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.

#Ondo Finance#Stablecoins#RWA

coinfomania.comAdded: Sep 4, 20267.0

U.S. Treasuries

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 Finance#RWA#USDY

tradersunion.comAdded: Sep 3, 20266.0

Active Strategies

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.

#Ondo Finance#CFTC#SEC

Cointelegraph — RWA TokenizationAdded: Sep 2, 20267.5

Stocks

Tokenized Stocks Just Exploded 415% Wall Street Is Quietly Moving On-Chain

Tokenized stock transfers surged to $29.5 billion in the 30 days ending August 29, representing a 415% increase over the previous period according to RWA.xyz data. This growth is supported by 1.3 million active addresses and a total of 2.36 million tokenized stockholders. Major players including Ondo, Kraken’s xStocks, and Binance’s bStocks currently dominate the market, accounting for approximately 81% of the total distributed equity value. The sector is expanding as firms like Coinbase, Robinhood, Bitwise, Bybit, and Arcus introduce new equity products across various public blockchains. This shift signals a transition from basic token issuance toward more complex on-chain utility, including active trading, custody, portfolio management, and collateralization. As speculative crypto spot trading remains subdued, the rapid adoption of tokenized stocks highlights a significant move by Wall Street toward on-chain financial infrastructure. This trend underscores the growing integration of traditional equity markets with decentralized finance protocols to enhance liquidity and operational efficiency.

#RWA#Blockchain#Ondo

cryptorank.ioAdded: Sep 2, 20268.0

Stocks

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.

#Ondo Finance#SEC#TokenizedStocks

coinpaper.comAdded: Sep 2, 20268.0

Stocks

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.

#Ondo Finance#RWA#Securitize

cryptobriefing.comAdded: Sep 1, 20268.0

Stocks

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.

#Ethereum#Ondo Finance#RWA

mexc.comAdded: Sep 1, 20267.5

U.S. Treasuries

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.

#Ondo Finance#RWA#TokenizedTreasuries

ffnews.comAdded: Sep 1, 20268.0

Stocks

Why Does NVDAON Track NVDA? Tokenized Stock Premiums, Discounts and Price Differences Explained

Tokenized stocks like NVDAON, issued by Ondo, are designed to track the total return of underlying assets rather than mirroring traditional equity prices tick-for-tick. While NVDA trades on Nasdaq, NVDAON operates on a separate token market quoted against USDT, allowing for price discovery outside of standard U.S. market hours. The economic value of these tokens is backed by securities and cash held within regulated infrastructure, with mechanisms for eligible participants to mint or redeem tokens to maintain price alignment. Discrepancies between the token price and the underlying share price often arise due to differences in liquidity, trading hours, and the reinvestment of dividends into the token structure. Corporate actions such as stock splits or dividend distributions require temporary halts in minting and redemption to adjust the economic relationship between the token and the underlying security. Understanding these mechanics is essential for investors, as the tokenized asset is a total-return product that incorporates distributions rather than a simple price-only reflection of the stock. Ultimately, the market for NVDAON provides a mechanism for 24/7 exposure to NVIDIA, though it remains subject to the volatility and liquidity constraints of its specific order book.

#RWA#Ondo#TokenizedStocks

mexc.coAdded: Aug 31, 20267.5