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RWA Job

Senior Backend Engineer (Trading Infrastructure)

Ondo Finance
Remote (US)Posted 1mo ago

Role at a glance

Location
Remote (US)
Level
Senior
Function
Engineering

Apply directly on Ondo Finance’s site. RWA Signal does not collect applications.

About this role

RWA Signal Brief

This role involves building and maintaining the high-throughput trading infrastructure required to quote and hedge tokenized real-world assets across both on-chain and traditional venues. You will work within a small team to develop low-latency systems for pricing, execution, and PnL accounting using Rust and Go. The position sits at the core of Ondo's market-making operations, requiring direct ownership of production risk and the integration of diverse market data sources.

  • 4+ years of backend software engineering experience
  • Proficiency in Go or Rust with willingness to use both
  • Experience with distributed systems and latency-sensitive service design
  • Experience integrating with cloud infrastructure, specifically AWS
  • Demonstrated interest in Web3, DeFi, or trading systems
RustGoMarket MicrostructureDistributed SystemsDeFiTrading Infrastructure

Summary written by RWA Signal. The employer’s own description follows below.

About the role (from employer)

About the company
 
Hi, we're Ondo Finance. Our mission is to provide institutional-grade, blockchain-enabled investment products and services. We have both a technology arm that develops decentralized finance technology, and an asset management arm that creates and manages tokenized funds. We were the first company to tokenize exposure to US Treasuries, and have since expanded into several other assets. We are also focused on incubating protocols that can support both tokenized real-world assets and traditional crypto.
 
Founded by folks from Goldman Sachs Digital Assets Team, we’re backed by some of the best investors in the world including Founders Fund, Coinbase Ventures, Pantera Capital, Tiger Global, and more. We are currently the leaders in the space in terms of AUM and are well capitalized to continue growing the firm. We're fully remote, with team members across the U.S.

About the role

As a Backend Engineer on Ondo's market making team, you'll build and scale the infrastructure behind our trading stack - real-time systems that quote and hedge tokenized markets 24/7 across on-chain and traditional venues. This is a small, senior team, working in Rust and Go, with high ownership over live production risk.

You'll work across systems that manage pricing, execution, and PnL accounting, integrating market data from both traditional venues and on-chain sources. You'll collaborate closely with the trading and infrastructure teams to define robust interfaces and deliver systems that hold up under real-time, high-throughput conditions.

This is a rare opportunity to build at the intersection of Web2 and Web3, in a fast-paced, high-ownership environment.

Responsibilities

  • Design and implement low-latency backend systems and APIs for quoting, hedging, and executing across on-chain and traditional trading venues.
  • Collaborate with the trading team to define interfaces and workflows between pricing, execution, and market data services.
  • Own integrations with market data providers, exchanges, and on-chain venues, including feed handling and order execution.
  • Build reconciliation and data-integrity tooling so positions, fills, and PnL stay consistent across live trading state.
  • Establish and enforce backend engineering standards, best practices, and security protocols across the stack.
  • Participate in code reviews and architecture discussions, contributing to a culture of engineering excellence.

Requirements

  • 4+ years of backend software engineering experience, with strong programming ability in Go or Rust, and willingness to work in both.
  • Strong understanding of distributed systems, system design, and building services that run under real-time or latency-sensitive conditions.
  • Experience integrating with cloud infrastructure (AWS preferred), third-party services, and high-throughput, production-critical systems.
  • Demonstrated interest in Web3, DeFi, or trading systems—whether through professional experience or side projects.
  • Familiarity with market microstructure or order execution is a plus, but not required.
  • Comfort operating in a fast-moving startup environment with high ambiguity and high ownership over live production risk.

Nice to haves

  • Experience with market data providers and protocols (Databento, SIP/prop equity feeds, venue WebSocket APIs).
  • Prior work on trading systems, execution infrastructure, or market data infrastructure at a trading firm, exchange, or broker.
  • Exposure to crypto venues and on-chain trading.
 
What we offer
 
• Competitive compensation including salary, future token rights, and/or equity (according to your preferences) — we're well-funded and believe that great talent deserves great compensation
• Full benefits (medical, vision, and dental) and flexible vacation policy (PTO)
• Small remote-first team across many countries — you'll be an early team member helping shape our vision, culture, and design practices
• A+ colleagues — our team includes alumni from: Goldman Sachs, Blackrock, Two Sigma, Bridgewater, SpaceX, AWS, Meta, Google, Pinterest, McKinsey, Circle, Uniswap, Phantom
• Best-in-class investors — we are proud to be backed by leading crypto experts and VCs, including Pantera Capital, Founders Fund and Coinbase Ventures
Source & provenanceThis job is published by Ondo Finance on their own careers site (1 September 2026) and aggregated by RWA Signal.View original posting

Ondo Finance in the news

Company profile →
Tokenized ETF Market Value Triples to $686.5 Million in 2026
Stocks

Tokenized ETF Market Value Triples to $686.5 Million in 2026

The market for tokenized exchange-traded funds (ETFs) has experienced significant growth in 2026, with total market capitalization rising from $219.2 million to $686.5 million. Data from Token Terminal indicates a 213% year-to-date surge, while the number of unique wallets holding these products expanded 51-fold to reach 897,700. This growth was notably accelerated in late August following the launch of Binance's bStocks product line, which now accounts for half of all tokenized ETF users. A clear bifurcation has emerged between retail-focused platforms like Binance and Robinhood, which command high user counts but lower average capital, and institutional-focused platforms like Ondo Finance, which hold nearly half of the sector's market value. Broad U.S. index trackers, specifically those linked to the S&P 500 and Nasdaq-100, dominate the landscape, representing nearly $330 million in total value. Ethereum remains the primary settlement layer for these assets, capturing 44.1% of the market, followed by BNB Chain and Solana. This trend highlights a shift toward diversified, index-based exposure as a primary entry point for new users in the tokenized asset space. The divergence between retail and institutional participation patterns suggests that tokenized ETFs are evolving into a multi-tiered market with distinct user segments.

finance.biggo.comPublished by source: Added: Oct 15, 20268.0
Ondo hits $4 billion TVL on tokenized stock growth
U.S. Treasuries

Ondo hits $4 billion TVL on tokenized stock growth

Ondo Finance has reached a significant milestone by surpassing $4 billion in total value locked (TVL) across its suite of tokenized financial products. The platform currently leads the market in tokenized U.S. Treasuries with $3 billion in holdings, while its newer offerings in tokenized stocks and ETFs have scaled to $1.3 billion. This growth highlights a shift in the RWA sector, where tokenized equities now account for 93% of onchain trading volume despite representing only 8% of the total $34.5 billion market. By utilizing a request-for-quote system to bridge traditional exchange liquidity with blockchain networks like Ethereum, Solana, and BNB Chain, Ondo is addressing concerns regarding market fragmentation. The International Monetary Fund recently recognized Ondo as a top-tier tokenization platform in its Global Financial Stability Report, emphasizing the need for regulatory clarity as the industry matures. This expansion demonstrates the increasing viability of onchain assets as a bridge to traditional financial liquidity. The milestone underscores the broader institutional trend of moving real-world assets onto distributed ledgers to improve accessibility and trading efficiency.

thestreet.comAdded: Oct 14, 20268.0
RWA Growth: Binance Overtakes Ondo in Tokenized Stocks
Stocks

RWA Growth: Binance Overtakes Ondo in Tokenized Stocks

The tokenized asset market experienced significant growth between early 2025 and late 2026, with total market capitalization rising from $5.42 billion to $19.32 billion. Evan Ceolini of SwapSpace attributes this expansion to improved infrastructure, including better wallet support, liquidity, and cross-exchange routing. Data from RWA.xyz reveals a divergence between asset accumulation and trading activity, as holder counts increased by 21.54% while monthly transfer volumes dropped by 71.62%. Binance’s bStocks, launched in June 2026, has rapidly captured the lead in the tokenized stock sector with $930.5 million in value across 91 listings. This shift highlights that exchange-led distribution is currently driving growth more effectively than the sheer number of available assets. While tokenized Treasuries and commodities remain the largest segments, tokenized equities and ETFs have emerged as significant new categories. The market now faces a critical juncture where the widening ownership base contrasts with thinning turnover, raising questions about the long-term liquidity of these products. Future growth is expected to be influenced by institutional entrants like Morgan Stanley, which plans to support tokenized equities by early 2027.

financefeeds.comAdded: Oct 13, 20267.5