Ondo Expands Tokenization Efforts with New Platforms and Partnerships
- Ondo has over $2 billion in total value locked (TVL) in tokenized U.S. Treasuries.
- The firm’s Global Markets platform for tokenized stocks and ETFs reached approximately $600 million in TVL, capturing about 60% market share.
- Ondo announced a new platform, Ondo Perps, for perpetual futures on equities and commodities that allows tokenized stocks and ETFs as collateral.
- The company reported net inflows on its tokenized stocks platform on all but three days since its September launch.
- Partnerships with Mastercard and JPMorgan were highlighted as part of Ondo’s strategy to enhance its offerings.
Ondo is focusing on building scalable infrastructure for asset tokenization while positioning itself for future services beyond issuance. The introduction of Ondo Perps aims to deepen liquidity and attract market makers in the evolving landscape of digital finance.
With over $2 billion in TVL for tokenized U.S. Treasuries, Ondo is establishing itself as a significant player in the financial sector’s shift towards digital assets.(Source)
