Tokenization is reshaping U.S. capital markets.
Ondo brings Treasuries, stocks, and ETFs onchain—making markets more accessible, efficient, and investor‑centric.
Different tokenized forms expand choice without sacrificing trust.
Tokenization and the Future of U.S. Capital Markets
The way investors access public markets is being rebuilt. Tokenization, once a fringe idea, is becoming core infrastructure, and the implications run well beyond crypto.
Ondo has been building toward this future for years. We launched one of the first and most widely held tokenized Treasury products, and today we bring stocks and ETFs onchain at meaningful scale. Along the way, our goal has been the same: make the financial system more accessible, more efficient, and more useful to the investors it exists to serve.
One of the great strengths of U.S. capital markets is the range of ways investors can gain exposure to the same underlying asset: direct ownership, funds, ETFs, derivatives, structured products. Tokenization is a natural extension of that tradition. Different forms, including “native” and “wrapped”, each have a role to play, and each can expand investor choice without compromising the protections that make these markets trusted in the first place.
For U.S. policymakers, the question to ask of any new development remains: does it serve investors, promote market integrity, and strengthen the U.S. position as the financial capital of the world? We’re optimistic about where this is heading, and ready to keep building.
Landmark for tokenization.
CLARITY Act clears Senate Banking Committee, pushing U.S. toward a clear digital‑assets framework.
If signed, it could define digital assets, unlock institutions, and end years of uncertainty.
Educational analysis - Not financial advice, DYOR
A landmark moment for tokenization.
The CLARITY Act has cleared the Senate Banking Committee, moving the U.S. closer to a clear framework for digital assets.
If signed into law, the CLARITY Act would:
→ Define digital assets in U.S. law
→ Clarify rules for tokenized assets
→ Unlock institutional participation
→ End years of regulatory uncertainty
→ Establish clear SEC and CFTC jurisdiction
The bill now heads to the full Senate, with House reconciliation and Presidential signature to follow.
The U.S. has led global finance for generations. If passed, this bill would help carry that leadership into the next evolution of markets, one defined by tokenization and digital assets.
Another big week for tokenization — Ondo, JPMorgan, Mastercard & Ripple moved tokenized Treasuries on XRP Ledger. Token on‑chain, cash via banks.
Easy access for positioning: https://t.co/BRISsrLD0u
Educational analysis - Not financial advice, DYOR
Another big week for tokenization.
Ondo completes the first cross-border tokenized Treasury redemption on the XRP Ledger, the Fed addresses tokenization, BlackRock files for two new onchain funds, and more.
Latest tokenization news ↓
1️⃣ Ondo, JPMorgan, Mastercard & Ripple complete first cross-border tokenized Treasury redemption
Ondo processed Ripple's OUSG redemption on the XRP Ledger, with Mastercard's Multi-Token Network routing instructions to Kinexys by J.P. Morgan, which delivered USD to Ripple's Singapore bank account in near real time and outside traditional banking windows.
https://t.co/jdsFtKbLYA
2️⃣ DTCC advances tokenization service with 50+ firms
DTCC is building a tokenization service designed to bring the core of U.S. capital markets onchain. Ondo joins BlackRock, Goldman Sachs, JPMorgan, NYSE, and others in the working group.
https://t.co/82FCwsPf1A
3️⃣ BlackRock files for two new tokenized funds
The world's largest asset manager filed for a stablecoin reserve fund and an onchain share class for its ~$6.1B money market fund, both on Ethereum. Both are pending SEC approval.
https://t.co/ITuJjQxyUs
4️⃣ Federal Reserve Governor Lisa Cook speaks on tokenization
In a speech in Dakar, Cook noted U.S. tokenized assets more than doubled in the past year, and outlined tokenization's potential to improve settlement, collateral management, and intraday liquidity.
https://t.co/Jpcp8Q5BIp
5️⃣ Onchain RWAs cross $30B
Total tokenized RWA TVL crossed $30B per https://t.co/lUoOxl98e7, up over 4x from the start of 2025. Tokenized Treasuries lead at 15B+, while tokenized stocks are up over 21,000% in market cap in under a year.
https://t.co/otP8dKBPxM
6️⃣ Bullish acquires Equiniti for $4.2B
The deal combines Bullish's digital asset infrastructure with Equiniti's global transfer agent operations, serving nearly 3,000 issuer clients and 20M+ shareholders. Closing expected January 2027.
https://t.co/EyqgGPCAL0
JPMorgan, Ripple, Mastercard, and Ondo moved tokenized Treasurys on the XRP Ledger.
Token moved onchain. Cash still settled through banks.
Educational analysis - Not financial advice, DYOR
Easy access in bio.
🚨JPMORGAN AMONG OTHERS TO USE XRP LEDGER FOR TOKENIZED TREASURYS
JPMorgan, Ripple, Mastercard and Ondo completed a cross-border redemption of tokenized US Treasuries on the XRP Ledger.
The tokenized asset moved on public blockchain rails, while the dollar payout still settled through bank infrastructure.
On‑chain gateway for RWA exposure on Solana. Jupiter users may get reduced fees or on‑chain rewards via partner links, depending on current campaigns.
Educational analysis - Not financial advice, DYOR
Easy access in bio: https://t.co/BRISsrLD0u
Ondo, Kinexys by J.P. Morgan, Mastercard, and Ripple completed a landmark pilot connecting XRP Ledger with interbank settlement rails.
It’s a strong sign that tokenized assets are moving deeper into global financial infrastructure.
Educational analysis - Not financial advice.
Ondo, Kinexys by @jpmorgan, @Mastercard, & @Ripple successfully completed a landmark pilot transaction connecting the XRP ledger with interbank settlement rails.
This milestone marks the first time tokenized U.S. Treasuries have settled across borders and banks in near real time and outside traditional banking windows.
1. Ondo processed Ripple’s OUSG redemption on XRP Ledger
2. Mastercard's Multi-Token Network routed instructions to Kinexys by J.P. Morgan
3. J.P. Morgan delivered USD to Ripple's Singapore bank account
Tokenized assets are no longer separate from the global financial system. For the first time, a public blockchain and global banking infrastructure settled a cross-border transaction of a tokenized fund together in real time.
Together, we’re laying the groundwork for 24/7 global markets that never close.
Ondo joined DTCC’s working group to help advance tokenization in U.S. markets.
Educational analysis - Not financial advice, DYOR
Easy access for positioning is in bio.
Ondo has been selected in DTCC's Industry Working Group to advance tokenization in the U.S.
@The_DTCC custodies over $114 trillion in assets and clears $3.7 quadrillion annually. It is now building a tokenization service designed to bring the core of U.S. capital markets onchain, with Ondo among the select firms contributing to its design.
Ondo will work alongside a set group of TradFi and DeFi firms, including BlackRock, Goldman Sachs, J.P. Morgan, Franklin Templeton, Morgan Stanley, Bank of America, Citadel Securities, NYSE Group, Circle, Fireblocks, Robinhood and more.
DTCC President and CEO Frank La Salla on the significance of the moment:
“We believe tokenization will significantly change how markets work and operate, bringing new levels of liquidity, transparency and efficiency to investors.”
The DTCC has been at the center of U.S. capital markets for over 50 years. Its decision to build a tokenization service, and to bring Ondo to the table alongside the world's leading financial institutions, reflects how far tokenization has come.
As the largest tokenizer of stocks and ETFs and one of the largest tokenizers of U.S. Treasuries, Ondo is well positioned to contribute to the work ahead and keep the U.S. at the forefront of global markets.
JUST IN: Brazil blocks crypto from regulated cross-border payment rails.
The central bank is forcing international transfers through traditional FX channels instead of virtual assets, with stablecoins a major target.
Educational analysis - Not financial advice, DYOR
🚨JUST IN: BRAZIL BANS CRYPTO IN REGULATED CROSS-BORDER PAYMENTS
Central Bank of Brazil has prohibited the use of cryptocurrencies in regulated international payments, forcing transfers through traditional FX channels instead.
The move targets rising stablecoin usage in Latin America’s largest crypto market, where roughly 90% of crypto flows are reportedly linked to stablecoins.
Crypto regulation is getting closer.
CLARITY Act, GENIUS Act, and the broader digital asset framework are all moving forward as Congress pushes for clearer rules.
Educational analysis - Not financial advice, DYOR
I’ve left easy access to the positioning link in bio.
BREAKING:
Paul Atkins just said it officially.
The crypto laws we've been waiting for.
Are at the finish line.
Not in committee. Not in debate. Not in negotiation.
The finish line.
CLARITY Act. GENIUS Act. Digital Asset Framework.
All of it. Coming at once.
Congress spent years fighting crypto.
Now they're racing to regulate it.
The entire industry spent $149,000,000 to get here.
Every founder. Every whale. Every retail holder.
Has been waiting for this moment.
The finish line is in sight.
Be positioned before they cross it.
Governance is coming to Ondo tokenized stocks.
Ondo partnered with Broadridge to give holders of 250+ tokenized stocks and ETFs access to investor communications and proxy voting.
Educational analysis - Not financial advice, DYOR
Ondo’s link is easy to find in bio.
Governance & voting capabilities are coming to Ondo tokenized stocks.
Ondo has partnered with @Broadridge, which facilitates issuer communications for retail and institutional investors, to enable holders of Ondo's 250+ tokenized stocks and ETFs to access investor communications and participate in proxy voting.
For the first time, investors in tokenized equities can benefit from all the advantages of being onchain while also participating in governance of the underlying securities across the largest stocks & ETFs globally.
CLARITY Act nears a House vote. French Hill says most remaining stablecoin and DeFi issues were already addressed in the House version.
Educational analysis - Not financial advice, DYOR
🚨CLARITY ACT MOVES CLOSER TO HOUSE VOTE
House Financial Services Chair French Hill says many remaining issues around stablecoin sales practices and DeFi were already resolved in the House version.
“I think the Senate’s relayed quite a bit on the House work on both FIT21 … and CLARITY in this Congress."
@tokenizeooor Fair take. The stack probably will be modular, not monoculture. Chainlink can own the oracle layer, while other projects solve routing, compliance, and scoring. That’s where the real RWA infrastructure race gets interesting.
$270T in real-world assets may move onchain this decade.
The big question is which protocol captures the most value.
If I had to pick one to hold for 5 years: Chainlink.
It has the broadest role in tokenization, DeFi, and onchain infrastructure.
Not financial advice
$270 TRILLION OF REAL-WORLD ASSETS ARE MOVING ONCHAIN THIS DECADE.
The question isn't if. It's which protocol gets the lion's share.
Pick ONE to hold for 5 years. No hedges. No "I'd buy a basket." One answer.
$LINK : the oracle monopoly, Big-4 audited, powers 70% of DeFi
$ONDO : 80% of tokenized stocks, first mover, Treasury rails
$HBAR : 31 Fortune 500 council, #1 RWA dev activity
$PLUME : native compliance, 3,000x cleaner than average
$AVAX : BlackRock, Citi, JPM, Franklin Templeton already building
$XLM : Société Générale, MoneyGram, Franklin Templeton live
Drop your pick below and defend it in one sentence.
RWA on-chain value has passed $300B – and issuer count is up ~20× since 2020.
This isn’t a crypto meme. It’s global finance quietly wiring capital markets onto public blockchains.
1,200+ issuers - 60+ protocols - 17+ chains
Data: https://t.co/X8UstldkQQ – March 2026
DYOR
NEW: Ondo Finance joined the Blockchain Association’s Tokenization Workstream.
Tokenization is transforming capital markets, and Ondo is pushing for U.S. policy that clears the way for it.
Educational analysis - Not financial advice, DYOR
Positioning link is easy to find in bio.
Ondo Finance has joined @BlockchainAssn's Tokenization Workstream.
Tokenization is transforming capital markets, with Ondo leading the industry as the largest tokenized securities platform globally.
Together, we will drive policy to clear the way for tokenization in the U.S.
Morgan Stanley says tokenized equities are part of the natural evolution of markets.
“Of course we’re gonna support tokenized equities. We’re on this evolutionary path.”
Educational analysis - Not financial advice, DYOR
Morgan Stanley ($9.7T in client assets) on the evolution toward tokenized equities:
“We support traditional equities, we support ADRs, we support ETFs. Of course we're gonna support tokenized equities. We're on this evolutionary path.”
Amy Oldenburg, Morgan Stanley's Head of Digital Asset Strategy, on what comes next for tokenized equities. Via @GSR_io and @fintechfrank's The Crypto Tape.
Ondo filed with the SEC to explore tokenized U.S. securities on Ethereum. That’s a strong signal that tokenization is moving deeper into regulated finance.
OKX may offer bonuses and fee discounts. Easy access in bio.
Educational analysis - Not financial advice, DYOR
🚨ONDO TO PUT U.S. STOCKS ON ETHEREUM
Ondo Finance has filed a no-action request with the SEC to record tokenized U.S. securities on Ethereum Mainnet.
The filing covers Ondo Global Markets, its platform giving non-U.S. investors exposure to 200+ U.S. stocks and ETFs.
If approved, this would be the FIRST formal regulatory confirmation that public blockchains can operate inside the U.S. securities recordkeeping system.
The request is for an onchain layer for its Global Markets platform, without changing existing investor protections.
Educational analysis - Not financial advice, DYOR
NEW: @OndoFinance just filed with the SEC to show that public blockchain and securities regulation can coexist.
The filing asks the SEC to approve an onchain layer for its Global Markets platform without changing existing investor protections.
Tokenization is going mainstream.
JPMorgan, the IMF, Japan, and Broadridge are all moving toward on-chain systems and tokenized financial infrastructure.
Educational analysis - Not financial advice, DYOR
OKX bonuses and fee discounts may be available. Easy access in bio.
Tokenization is taking over.
From the IMF to J.P. Morgan, the world's largest financial institutions recognize tokenization is reshaping global finance and are moving to adapt.
Latest news ↓
1️⃣ J.P. Morgan calls tokenization a competitive threat
“A whole new set of competitors is emerging based on blockchain, which includes stablecoins, smart contracts and other forms of tokenization,” said Jamie Dimon in his annual J.P. Morgan shareholder letter.
https://t.co/XJTRybyuuC
2️⃣ IMF highlights tokenization opportunity and risks
The International Monetary Fund flagged tokenization risks while acknowledging its potential to cut costs and eliminate settlement delays.
https://t.co/CHGjjgb2jY
3️⃣ Volumes on J.P. Morgan blockchain platforms grow thirtyfold
The growth highlights how blockchains can support institutional-grade transactions, offering lower costs and access to new sources of liquidity.
https://t.co/k52Gx2dBgQ
4️⃣ Japan to explore domestic interbank settlement using stablecoins
Interbank payments will settle either through stablecoin rails or through a central settlement bank where all participants hold accounts.
https://t.co/lo6EmI8bob
5️⃣ Broadridge expands proxy voting solution to tokenized securities
Proxy voting data will be recorded on an Avalanche L1 blockchain and propagated to other chains, with other corporate actions to follow.
https://t.co/73bg3WoCDa