ChainCatcher report: Tokenized assets platform Ondo announced on X that its total value locked has reached $4 billion. Ondo stated that its offerings have expanded from tokenized U.S. Treasuries to include tokenized stocks, ETFs, portfolios, and private market assets.
Ondo disclosed that its tokenized stocks and ETFs exceed $1.3 billion in size, with over 1 million cumulative holders across all products, and called itself the platform with the largest tokenized U.S. Treasury market.
Ondo stated that the related growth is tied to Ondo Stocks accessing traditional financial exchange liquidity through RFQ, with leading wallets and apps making this liquidity accessible, allowing assets to be transferred permissionlessly on Solana, Ethereum, and BNB Chain.
Ondo TVL Reaches $4 Billion with Tokenized Stocks and ETFs
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Summary
Ondo’s TVL reaches $4 billion, fueled by ecosystem growth in tokenized stocks and ETFs. The platform now offers tokenized U.S. Treasuries, portfolios, and private market assets. Tokenized stocks and ETFs alone hold over $1.3 billion, with more than 1 million holders. Ondo Stocks connects to traditional liquidity through RFQ, enabling transfers on Solana, Ethereum, and BNB Chain. This digital asset update underscores the platform’s expanding reach and utility.
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