Ondo Finance said in a corrected November 5 announcement that its tokenized real-world-asset products had crossed $4 billion in value, spanning 484 assets and more than 565,000 onchain holders. Citing RWA.xyz, the company said it ranked first among 203 tracked platforms by tokenized-product market capitalization; that comparison excludes stablecoins and depends on the data provider’s classifications.
The $4 billion figure is a snapshot of product value, not Ondo’s revenue, cash or token trading volume, and it can change with prices and redemptions. The holder count does not show how concentrated ownership is, whether addresses belong to individuals or intermediaries, or how actively the products trade.
