# Ondo

Ondo Wins Approval To Offer Tokenized Stocks Across Europe

Ondo Global Markets has secured regulatory approval from the Liechtenstein Financial Market Authority to offer tokenized stocks and ETFs across 30 countries within the European Economic Area. This authorization leverages the EEA passporting regime, allowing the U.S.-based platform to provide retail investors access to traditional financial products via blockchain rails. By operating under a unified regulatory framework, Ondo aims to bridge conventional market exposure with the efficiency of on-chain settlement and custody. This development marks a significant expansion for tokenized securities, as it provides a compliant pathway for cross-border distribution within the European market. The move occurs amidst ongoing discussions regarding the European Securities and Markets Authority's role in overseeing crypto asset service providers under the MiCA framework. Such regulatory milestones are critical for the RWA sector, as they demonstrate the increasing viability of tokenized traditional assets in highly regulated jurisdictions. Ultimately, this expansion signals a maturing landscape where blockchain-based financial instruments are gaining formal recognition and integration into established European financial systems.

#RWA #Ondo

8.5

#RWA #Ondo #TokenizedEquities

Bitget Launches Stocks 2.0 To Link Tokenized Equities To Live Market Liquidity

Bitget has launched Stocks 2.0, an upgraded tokenized equity platform designed to integrate real market liquidity with deeper order books and faster execution. Issued by the licensed RWA platform Reality, the product ensures a 1:1 economic match between tokens and underlying assets, including major equities like Apple, Tesla, and Nvidia. The system supports corporate actions such as cash dividends converted to USDT, alongside automated mapping for stock splits and reverse splits. Users can leverage these tokens across margin, grid, copy-trading, and yield tools, expanding the utility of traditional equities within the crypto ecosystem. This development follows Bitget's significant growth in the sector, with cumulative tokenized stock spot volume exceeding $1 billion by January 2026. Furthermore, the exchange captured approximately 89% of Ondo-issued tokenized stock volume in December 2025. This evolution highlights the industry's push toward bridging global financial markets with blockchain infrastructure to capture a projected 10% of global assets by 2030.

yellow.com·20h ago

SpaceX IPO Analysts Issue Buy Ratings as Tokenization Looms Over Private Equity Markets

6.5

SpaceX IPO Analysts Issue Buy Ratings as Tokenization Looms Over Private Equity Markets

The recent $75 billion IPO of SpaceX has highlighted a critical disparity between traditional equity markets and the emerging tokenized real-world asset (RWA) sector. While Wall Street analysts immediately provided uniform buy ratings for SpaceX, the tokenized asset market lacks a comparable formal research infrastructure to drive institutional capital allocation. Currently, tokenized equities, bonds, and funds have surpassed $20 billion in on-chain value, with platforms like Ondo and JPMorgan actively facilitating live Treasury settlements. This growth demonstrates significant momentum, yet the absence of professional research coverage remains a barrier to mainstream liquidity for tokenized private assets. The SpaceX case serves as a blueprint for how regulatory alignment and institutional research could eventually catalyze adoption for tokenized versions of private giants. Without a parallel analyst ecosystem, tokenized assets struggle to replicate the narrative structure that traditional brokerages provide to investors. Bridging this gap is essential for the RWA market to transition from a niche crypto-native sector into a mainstream financial asset class.

#RWA #Ondo #TokenizedTreasuries

cryptonews.net·1d ago

Best Platforms to Trade Tokenized Real World Assets

6.5

U.S. Treasuries

Best Platforms to Trade Tokenized Real World Assets

The tokenized real-world asset (RWA) market has experienced significant growth, reaching a valuation where tokenized RWAs represent approximately 6.4% of the stablecoin market as of Q1 2026. Tokenized U.S. Treasuries currently dominate the sector with $15.16 billion in assets, led by major institutional players like BlackRock’s BUIDL and Franklin Templeton’s BENJI. Platforms such as Ondo Finance, Maple, and Centrifuge provide diverse exposure ranging from low-risk government debt to high-yield private credit. While institutional products often require KYC-authorized wallets, other platforms like Lofty enable retail participation in fractionalized real estate. The market distinguishes clearly between tokenized RWAs, which represent economic interest in off-chain assets held by custodians like BNY Mellon, and project-specific governance tokens. Investors are increasingly utilizing these on-chain vehicles to bypass traditional brokerage fees and gain direct exposure to yield-bearing instruments. As the ecosystem matures, the integration of independent credit ratings and multi-chain support continues to enhance transparency and accessibility for global investors.

coingape.com·2d ago

Ondo Joins Perps Race Against Hyperliquid, Coinbase — Allows Tokenized Stocks As Collateral

7.5

Active Strategies

Ondo Joins Perps Race Against Hyperliquid, Coinbase — Allows Tokenized Stocks As Collateral

Ondo has officially launched its on-chain perpetual trading platform, Ondo Perps, enabling users to trade tokenized equities and commodities with up to 20x leverage. The platform distinguishes itself by allowing traders to use tokenized stocks directly as collateral, eliminating the need to convert assets into stablecoins before opening positions. During its private beta phase, the platform facilitated nearly $2 billion in trading volume, and it recorded over $100 million in volume on its first day of public availability. The product lineup includes major equities like Nvidia, Coinbase, and SpaceX, alongside commodities such as gold, silver, and oil. This launch marks a strategic expansion for Ondo under CEO Ian De Bode, following the passing of founder Nathan Allman. The platform is currently accessible to global traders, excluding those in the U.S., Panama, and other restricted jurisdictions. By integrating real-world equity exposure with decentralized finance mechanics, Ondo aims to compete directly with established decentralized exchanges like Hyperliquid and centralized platforms like Coinbase. This development highlights the growing trend of bridging traditional financial assets with high-leverage crypto trading infrastructure.

#RWA #Ondo #TokenizedStocks

finance.yahoo.com·2d ago

Everything You Own Will Live On-Chain Thanks to RWA Tokenization

9.0

Everything You Own Will Live On-Chain Thanks to RWA Tokenization

The tokenization of real-world assets has transitioned from theoretical white papers to a robust market where equities, bonds, and commodities are traded on-chain. Tokenized equities experienced significant growth, surging approximately 2,878% to reach a valuation of $963 million by January 2026. Ethereum remains the dominant infrastructure, hosting 50% of the $16.6 billion total RWA market, while BNB Chain has emerged as a major competitor with $4 billion in TVL across 14 issuers. Market leaders like Ondo Global Markets and Backed Finance are driving institutional adoption, while innovative projects like USD.AI are tokenizing physical infrastructure such as Nvidia GPUs. Beyond traditional finance, the market now includes diverse assets ranging from graded collectibles to industrial commodities like uranium and copper. This shift signifies a broader trend where any asset with verifiable value and demand is being migrated to blockchain rails to improve liquidity and accessibility. The rapid expansion across multiple layer-1 chains indicates that tokenization is becoming a foundational layer for global financial markets.

#Ethereum #RWA #Ondo

coinmarketcap.com·5d ago

Tokenized stock transfers surge 105% in a month to $8.4B

9.0

Tokenized stock transfers surge 105% in a month to $8.4B

Tokenized stock transfers surged 105% over the past month, reaching a total volume of $8.41 billion according to RWA.xyz data. The sector's distributed value climbed 43% to $2.16 billion, while the total number of holders grew 17% to over 409,000. This growth was driven by significant performance from platforms like Figure, which saw a 935% increase in distributed value, and Securitize, which rose 332%. Ondo currently leads the market with $846 million in distributed value, followed by xStocks, Securitize, and Figure. This expansion highlights a shift in investor appetite, evidenced by pre-IPO access offerings for SpaceX shares on exchanges like Kraken and Bybit. Furthermore, Securitize recently issued tokenized shares on Solana and Avalanche, marking a milestone for public company integration. These developments signal a broader trend of traditional financial institutions, including the DTCC and NYSE, actively building infrastructure to compete with crypto-native platforms in the tokenized equity space.

#RWA #Blockchain #Ondo

Cointelegraph — RWA Tokenization·5d ago

8.5

Ondo Surges 5.25% as Tokenized Stocks Go Live on Uniswap

Ondo Finance experienced a 5.25% price increase over a 26-hour period, primarily driven by heightened market attention toward its tokenized stock platform. The catalyst was the integration of over 430 tokenized stocks and ETFs onto Uniswap and UniswapX across Ethereum and BNB Chain. This development follows a series of late-June upgrades, including the launch of 24/7 minting and redemption cycles and the integration of AI agents for on-chain trading. Ondo Global Markets has now surpassed $1 billion in total value locked, establishing itself as a dominant infrastructure provider in the tokenized equities sector. The price movement was further amplified by strong derivatives volume and broader institutional interest in RWA tokenization, as highlighted by recent commentary from major financial institutions. With no negative governance events or exploits reported, the market is re-pricing ONDO based on its expanding distribution and operational scale. This trend reflects a growing investor preference for established RWA protocols that demonstrate tangible utility and accessibility across both decentralized and centralized venues.

#Ethereum #RWA #Ondo

coinmarketcap.com·Jul 5

Top RWA Tokens Leading the Charge in July 2026

7.5

Top RWA Tokens Leading the Charge in July 2026

As of July 2026, the Real-World Asset (RWA) sector has solidified its position within the broader blockchain ecosystem, with a total category market capitalization reaching approximately $63.60 billion. Figure Heloc leads the sector with a $19.73 billion market cap, followed by Stellar at $6.93 billion and Chainlink at $5.95 billion. Other significant participants include Circle USYC, Tether Gold, and Ondo, which provide institutional-grade infrastructure for tokenized treasuries and yield products. This growth highlights a shift toward on-chain financial integration, though research indicates that these systems currently operate as hybrid structures reliant on off-chain legal wrappers and custody. The prominence of these assets demonstrates that investors are increasingly tracking traditional securities, commodities, and credit products on-chain. Despite this expansion, the sector faces ongoing challenges regarding documentation gaps and the need for standardized verification processes. The concentration of capital in these RWA tokens signals a maturing market that prioritizes liquidity and institutional-grade utility over speculative volatility.

#RWA #Stellar #Ondo

coinedition.com·Jul 4

6.5

#RWA #Ondo #TokenizedStocks

Robinhood Tokenized Stocks Enters a Race That’s Already Crowded

Robinhood has officially entered the tokenized stock market, joining a competitive landscape currently valued at approximately $1.24 billion on-chain. The sector is dominated by three major players, including Ondo Global Markets, which holds roughly 50% market share and has surpassed $1 billion in total value locked. Other significant competitors include xStocks, which has processed over $25 billion in volume, and Binance’s bStocks, which captured 14% market share in under a month. Unlike some competitors that offer actual share ownership, Robinhood’s tokenized stocks are structured as debt securities issued via a Jersey-based special purpose vehicle. These instruments provide price exposure rather than voting rights or direct shareholder protections. This launch highlights a critical distinction in the RWA market between genuine asset ownership and synthetic price tracking. Robinhood’s success will likely depend on its brand distribution power versus the established infrastructure of its rivals. Furthermore, the long-term viability of the Robinhood chain remains uncertain, as its success hinges on whether third-party developers adopt the ecosystem.

coinpedia.org·Jul 3

Flight to Quality: The Tokenized Stock Boom and Its Cost for Crypto

9.0

Flight to Quality: The Tokenized Stock Boom and Its Cost for Crypto

The tokenized stock market has experienced explosive growth, expanding from $20 million to $1.4 billion in just 18 months as liquidity shifts from altcoins to digital securities. Platforms like Backed Finance, Ondo, and Hyperliquid are leading this trend, offering either spot-backed tokens or derivative contracts that provide price exposure to major equities like Tesla and Apple. Despite this rapid adoption, these instruments do not grant holders legal ownership, voting rights, or direct dividends, as most are issued without the underlying companies' approval. A recent high-profile attempt to offer SpaceX shares via crypto exchanges highlighted structural risks, as oversubscription and lack of direct access to underwriters led to widespread campaign cancellations. While Ethereum remains the dominant chain for broader RWA, Solana has captured over 80% of tokenized stock trading volume due to its low fees and high liquidity. Major institutions like Citi project that tokenized assets could reach $5.5 trillion by 2030, signaling a long-term shift in how retail investors access traditional financial markets. This evolution underscores a critical transition where blockchain platforms are increasingly functioning as alternative venues for global equity exposure.

#Solana #RWA #Ondo

forklog.com·Jul 2

BNB Chain Claims Lead Over Solana In Tokenized Stock Trading Volume

6.5

#RWA #Ondo #TokenizedStocks

BNB Chain Claims Lead Over Solana In Tokenized Stock Trading Volume

BNB Chain has reached a significant milestone in the real-world asset sector by recording $5.2 billion in tokenized stock trading volume, reportedly surpassing Solana in this specific market segment. This achievement highlights the network's transition from a retail-focused ecosystem to a viable venue for institutional-grade financial products. The growth is primarily driven by the integration of RWA issuers and protocols such as Ondo, xStocks, and bStocks, which utilize the chain for trading and settlement. By facilitating exposure to traditional equity markets through blockchain infrastructure, BNB Chain is diversifying its volume beyond speculative native tokens. This development underscores the intensifying competition among major blockchains like Ethereum, Solana, and BNB Chain to capture the burgeoning tokenized finance market. While Solana maintains dominance in other metrics like retail activity and DeFi speed, BNB Chain's success in tokenized securities provides a new institutional narrative for the network. Ultimately, the sustainability of this volume will depend on the network's ability to foster repeat usage, deeper liquidity, and a broader range of assets to ensure long-term ecosystem growth.

bitcoinist.com·Jul 1

8.5

#Ondo #TokenizedStocks #xStocks

Tokenized Stocks: The Venue Landscape

The tokenized stock market is evolving through distinct operational models, with Ondo, xStocks, and bStocks serving different investor behaviors and liquidity needs. While xStocks caters to retail users with smaller ticket sizes and high concentration in names like NVIDIA and Tesla, Ondo attracts deeper-pocketed participants with a broader range of 327 active tickers. A critical differentiator is the mint/redeem window, where Ondo’s Friday-to-Sunday closure creates liquidity gaps, whereas xStocks and bStocks offer more continuous access. The report highlights that distribution channels and conversion costs, rather than just wrapper engineering, are the primary drivers of venue market share. The recent SpaceX listing serves as a stress test for these platforms, demonstrating how off-hours trading demand impacts price discovery and peg stability. Structural differences in conversion fees, such as bStocks' zero-cost model, directly correlate with tighter price pegs compared to competitors. Ultimately, the data reveals that while on-chain volume is growing, it remains highly sensitive to issuer-specific operational constraints and the underlying arbitrage friction.

coinmarketcap.com·Jun 29

Can Tokenization Narratives Finally Lift Crypto Prices?

7.5

Can Tokenization Narratives Finally Lift Crypto Prices?

The on-chain real-world asset market has experienced a significant 30x expansion over the last three years, growing from $1 billion to $30 billion in total value. This growth is driven by the migration of traditional financial instruments like stocks, bonds, and real estate onto blockchain rails, positioning tokenization as a foundational layer for future finance. Notable developments include the use of stablecoins for cross-border remittances and Securitize's upcoming $400 million SPAC merger for a NYSE debut. Furthermore, the DTCC has scheduled a tokenization interoperability test for July 13, with a full-scale rollout planned for October 2026. Despite this institutional progress, many tokenization-related crypto assets like ONDO have struggled to maintain price momentum. Analysts suggest this disconnect stems from a lack of direct value accrual mechanisms for token holders and significant supply unlocks. This trend highlights a critical distinction in the RWA sector: while the underlying infrastructure and revenue models are thriving, the associated crypto tokens may not necessarily capture that value. Consequently, the market is increasingly scrutinizing the economic design of tokenized projects rather than just their technological utility.

tradingview.com·Jun 28

7.5

Ondo (ONDO) - Tokenized Stocks on LI.FI - 22 June 2026

Ondo Finance has integrated its tokenized stocks and ETFs into the LI.FI protocol, significantly expanding the distribution reach of its real-world asset products. This integration provides over 1,000 wallets, protocols, and applications within the LI.FI ecosystem with seamless access to Ondo’s offerings on both Ethereum and BNB Chain. By utilizing LI.FI’s intent-based execution, users can now interact with these tokenized securities through a gasless experience, reducing friction for on-chain investors. This development is expected to drive higher trading volumes and increase assets under management for Ondo, further solidifying its position in the RWA sector. The expansion also includes plans to support Solana in the near future, broadening the cross-chain availability of these financial products. As Ondo’s ecosystem grows, the increased utility and adoption of its tokenized assets may positively influence the demand for the ONDO governance token. This move represents a strategic effort to bridge traditional financial instruments with decentralized infrastructure, enhancing liquidity and accessibility for institutional and retail participants alike.

#Ethereum #RWA #Ondo

tradingview.com·Jun 27

5.0

Active Strategies

Ondo Finance shifts 150mln tokens

Ondo Finance recently executed a significant transfer of 150 million ONDO tokens, valued at approximately $49.56 million, from its multisig wallet to a new address. This movement follows a recurring pattern where the team has previously deposited large batches of tokens into exchanges like Coinbase, including a recent transfer of 46.06 million tokens worth $16.78 million. While such transfers often signal potential exchange inflows that could increase sell pressure, the market response remains nuanced. Despite the token movement and a weak price structure within a descending channel, on-chain data shows negative Netflows of -$115,000, suggesting investors are moving assets off exchanges for accumulation. Furthermore, Perps Volume surged from $29 million to $77 million over three days, indicating sustained trader interest despite the altcoin's recent decline to $0.3107. The asset currently faces strong downside momentum, with technical indicators suggesting a potential drop to $0.27 if the $0.30 support level fails. For the RWA market, these movements highlight the ongoing tension between institutional supply management and retail accumulation patterns for major RWA-focused protocols. Traders continue to monitor these wallet activities closely as they serve as a primary indicator for potential liquidity shifts and price volatility.

#Ondo Finance #RWA #Ondo

AMBCrypto·Jun 23

Ondo (ONDO) Powers Institutional Tokenization Surge as Wall Street Moves Onchain

9.0

Ondo (ONDO) Powers Institutional Tokenization Surge as Wall Street Moves Onchain

Ondo Finance is driving significant institutional tokenization activity through strategic partnerships and infrastructure developments across traditional finance and blockchain networks. J.P. Morgan recently utilized Ondo Chain to test real-time settlement of tokenized U.S. Treasuries against USD deposits, marking a milestone for onchain financial operations. Simultaneously, Franklin Templeton has initiated the tokenization of five exchange-traded funds using Ondo's infrastructure, signaling deeper integration between asset managers and blockchain issuance frameworks. Binance has further expanded distribution by listing tokenized stock products on its regulated MTF in Abu Dhabi, while Ondo has confidentially filed with the SEC to become a registered tokenized stock issuer. The ecosystem has achieved $18 billion in cumulative trading volume and $1 billion in total value locked within eight months, capturing over 70 percent market share among tokenized equity issuers. Cross-chain interoperability is being enhanced through LI.FI infrastructure, which now enables tokenized assets to move across Ethereum and BNB Chain, with Solana integration pending. These developments collectively demonstrate a shift toward regulated, interoperable, and institutional-grade tokenized financial instruments.

Blockonomi·Jun 23

Active tokenized RWAs surge almost 600% despite crypto pullback: Binance

9.0

Active tokenized RWAs surge almost 600% despite crypto pullback: Binance

The market for active tokenized real-world assets experienced a significant 589% surge between early 2025 and June 2026, according to Binance Research. While bonds and money market funds added $6.5 billion in value, tokenized stocks demonstrated faster growth with a 422% increase in market value. Platforms like Ondo Global Markets played a pivotal role in this momentum, surpassing $1 billion in total value locked within eight months. Tokenized precious metals also saw substantial interest, adding $1.5 billion in value as investors sought safe-haven assets during periods of geopolitical uncertainty. Beyond investment products, institutional adoption is expanding into core financial infrastructure, exemplified by The Clearing House's plans to launch a tokenized deposit network backed by major banks like JPMorgan Chase and Citibank. Furthermore, Kraken’s xStocks platform has facilitated over $25 billion in trading volume for tokenized private equities like SpaceX shares. This maturation signifies a shift from a Treasury-dominated narrative toward a diversified ecosystem that integrates blockchain technology into traditional banking and settlement processes.