what's Ondo Finance?
Ondo Finance is a blockchain-based platform that tokenizes real-world assets (RWAs), enabling institutional-grade financial products to be accessible onchain. It bridges traditional finance with decentralized ecosystems by creating tokenized versions of assets like U.S. Treasuries, equities, and ETFs. Through products like USDY (a yield-bearing stablecoin backed by tokenized Treasuries) and OUSG (a tokenized fund), Ondo allows users to earn yields and participate in capital markets via smart contracts on blockchains such as Ethereum and Solana. The platform's Ondo Global Markets initiative specifically tokenizes publicly traded securities from exchanges like NYSE and NASDAQ, making them 24/7 accessible, composable with DeFi protocols, and transferable onchain. This involves partnering with custodians, wallets, and alliances to ensure compliance, liquidity, and interoperability. Ondo Chain, its dedicated layer-1 network, further supports RWA scaling with features like cross-chain connectivity via LayerZero. Ondo emphasizes regulatory compliance, having acquired entities like Oasis Pro for SEC-registered services. The native ONDO token governs the ecosystem, facilitating staking, voting, and access to premium features, positioning Ondo as a leader in the multi-trillion-dollar tokenization of global capital markets.
Ondo Finance partnered with LayerZero for cross-chain securities & Fidelity/Mastercard for tokenization.
Links
x.com/ondofinancePartnered with Fidelity and Mastercard on tokenization infrastructure in 2025.
Featured by Amundi (Europe's largest asset manager with over €2.3T AUM) alongside BlackRock and Franklin Templeton as an onchain fund leader in a recent report, with OUSG fund described as "a significant innovation in the tokenization of traditional financial assets."
State Street and Galaxy Asset Management announce SWEEP tokenized liquidity fund launching on Solana in early 2026, with OUSG providing $200M as lead anchor investor. OUSG currently holds more than $770M in total value locked.
The two-year SEC investigation concludes without charges, paving the way for US expansion of tokenized securities.
The SEC ends its two-year investigation into Ondo Finance.
Purchases $25 million worth of Figure's YLDS yield-bearing stablecoin to diversify assets backing its tokenized US Treasurys fund.
Ondo Global Markets secures FMA approval to offer tokenized US stocks and ETFs across 30 European countries.
Blockchain.com integrates with Ondo Global Markets on BNB Chain, enabling users to access 100+ tokenized U.S. stocks and ETFs through their wallet.
Global Markets platform reaches ~$313M total TVL after 2 months live, with SPYon leading at $25.1M TVL, QQQon at $19.1M TVL, and TSLAon attracting 1.5K holders at $4.5M TVL.
Ian De Bode, former Head of Digital Assets at McKinsey, is appointed as President.
Ondo Finance brings USDY and ACRED to Sei Network, where these RWA tokens are used as DeFi collateral.
CEO Nathan Allman speaks at SmartCon tomorrow alongside Chainlink Labs' Fernando Vasquez to discuss tokenization reshaping global markets.
Partnership with BX Digital (part of Boerse Stuttgart Group, Europe's sixth-largest exchange with €90 billion annual trading volume) enables regulated trading of over 100 tokenized stocks and ETFs as exchange-traded products in Switzerland, accessible to European Economic Area investors.
Ondo Finance completes acquisition of Oasis Pro, listed among the largest crypto M&A deals in 2025.
PancakeSwap officially supports Ondo, enabling users to trade tokenized U.S. stocks and ETFs on the leading BNB Chain DEX with liquidity supporting swaps up to 1 million USDC.
Chainlink becomes the official oracle infrastructure provider and CCIP the preferred interoperability solution for the regulated tokenized stocks platform, as Chainlink joins the Ondo Global Market Alliance.
Ondo Global Markets expands its tokenized securities platform to BNB Chain.
Q3 tokenized stocks holdings reach $303M, leading the sector ahead of Securitize ($250M) and Backed Fi ($82M), with the overall tokenized stocks market growing $0.4B (+115%) in Q3.
Ondo Finance settles on Sei blockchain alongside BlackRock, Apollo, Hamilton Lane, Brevan Howard, Nomura/Laser Digital, Securitize, Circle/USDC, and KAIO. The project is valued at $1.6B.
Earnings season data is now available onchain for over 100 tokenized U.S. companies and ETFs on the platform, with corporate earnings information accessible for stocks including Netflix and Tesla.
Blockchain.com integrates Ondo Global Markets, providing 90+ million wallets access to 100+ tokenized stocks and ETFs worldwide.
Files formal SEC letter urging rejection of Nasdaq rule SR-NASDAQ-2025-072 on tokenized securities, arguing DTC lacks transparency in settlement processes and gives Wall Street incumbents unfair advantages over newcomers.
The project urges more transparency before Nasdaq's tokenization proposal moves forward.
Platform achieves $26m in value with 100 onchain stocks actively circulating.
Platform launching in 100+ countries globally with US public assets, excluding US investors and select restricted countries.
Completed major financing round with substantial capital raised
Platform to launch with 100+ US equities, scaling to thousands by end of 2024.
Platform launch for tokenized stocks and ETFs scheduled for Summer 2024, positioning as first at-scale solution with traditional exchange liquidity access.