Ian De Bode

Acting CEO and President @Ondo // Prev: Digital Assets @Mckinsey. Views are my own.

[Ian De Bode @iandebode]

We built Ondo around a straightforward conviction: financial markets and services should be more accessible, whenever and wherever people want.

Today, Ondo is the world’s #1 tokenization platform.

Investors can hold Treasury products in their wallets, use supported tokenized stocks as collateral, and hold entire investment portfolios through single tokens, all 24/7.

That is meaningful progress toward the markets we want to build. There is still an enormous amount to improve, and that is where our attention stays.

Onwards.

[Ondo Finance @Ondo]

Ondo Finance is now the world’s #1 largest tokenization platform, with over $4B in TVL.

A milestone spanning tokenized Treasuries, stocks, ETFs, portfolios, and private markets.

Ondo was built around a simple conviction: financial markets should be more accessible, and financial assets should do more.

The rise to #1 follows a year of industry firsts and category leadership (per RWA․xyz):

→ Ondo Stocks: first tokenized stock platform to $1B TVL, reached in under eight months.

→ USDY: world’s largest tokenized Treasury product, with over $2.3B in total value.

→ Ondo Intelligent Portfolios: largest onchain portfolio product by TVL, weeks after launch.

Beyond those milestones, Ondo products have reached 1M+ cumulative holders and are supported by leading wallets, exchanges, and DeFi platforms.

Tokenization is changing the foundations of financial markets, from how assets move to how investors use them. Ondo will continue building for markets that are global, open, and onchain.

First billions. Then trillions.

[Ian De Bode @iandebode]

Tokenized treasuries with 24/7 continuous pricing and redemptions is low key a big deal. USDY does not have cutoff times, pays yield continuously, and has deep, instant redemption liquidity back into stables. Its infinitely better than tradfi, and by far the best tokenized treasury product onchain. And it’s permissionless! There is a reason it’s number 1, and its only getting better.

[Ondo Finance @Ondo]

Continuous pricing is live for USDY.

USDY’s price now updates in real time on Ethereum, BNB Chain, Mantle and Tempo, enabling intraday yield.

Holders capture yield for exactly as long as they hold, even just a few hours.

Put your USDY to work:

→ Hold it and earn yield intraday
→ Borrow against it and keep earning
→ Move it across 11 networks

[Ian De Bode @iandebode]

Number 1 in treasuries, stocks, ETFs and portfolios. Think in trillions.

[Ondo Finance @Ondo]

Ondo is now #1 in tokenized portfolios.

Less than a month after launch, Ondo Intelligent Portfolios has surpassed $30M in TVL, growing 46% in just one week.

Seven portfolios spanning income, growth, and thematic investing, including three based on strategies developed by BlackRock for Ondo.

Each delivered through a single transferable token, with transparent holdings and programmatic rebalancing.

From tokenized Treasuries to stocks to entire investment portfolios, Ondo continues to lead every new wave of tokenization.

Think in trillions.

[Ian De Bode @iandebode]

Democratized access to tokenized OpenAI, only on Ondo.

[Ondo Perps @OndoPerps]

Introducing OpenAI Private Market Note (OPAIPon).

Tokenized exposure to OpenAI is now trading 24/7 on Ondo Perps' permissionless spot order book.

Trade now → https://t.co/eHcKzL5dbp

[Ian De Bode @iandebode]

@patrickjwitt @howardlutnick @EDSecMcMahon Its been an incredible run! Congrats sir

[Ian De Bode @iandebode]

Anyone globally can now access private market assets, starting with the AI champions. Our mission to democratize access to institutional grade assets took another big step today, after launching Intelligent Portfolios with Blackrock just a few weeks ago. More to come

[Ondo Perps @OndoPerps]

Permissionless Private Markets are here.

Tokenized exposure to the world’s leading private companies is live on Ondo Perps’ spot order book, trading 24/7.

Starting with AI. More markets soon.

[Ian De Bode @iandebode]

@sternhenri Congrats!

[Ian De Bode @iandebode]

We can spin up any type of portfolio you want. Suggestions welcome!

[Ondo Finance @Ondo]

Portfolios built for an onchain world.

Introducing four new Ondo-designed portfolios, joining the first three powered by BlackRock.

→ MAG7Xon: Magnificent 7 & Crypto
→ BRAINon: AI Leaders Portfolio
→ YLD5on: 5% Targeted Income
→ YLD8on: 8% Targeted Income

Each portfolio combines assets in one onchain token, with transparent holdings and programmatic rebalancing.

This is just the beginning of a broader move onchain, bringing institutional asset allocation expertise within reach of more investors.

Live today on Ethereum and BNB Chain through leading wallets, exchanges and DeFi apps.

[Ian De Bode @iandebode]

There is no second best. #1 market share in tokenized stocks (and treasuries). Trillions.

[Ondo Finance @Ondo]

Another all-time high for Ondo Stocks.

Ondo Stocks have climbed to $1.26 billion+ in TVL across 450+ tokenized stocks & ETFs.

Driven by hundreds of thousands of holders and over $28B in cumulative volume, tokenized stocks show no signs of slowing down.

[Frank Chaparro @fintechfrank]

What’s the concern?

[Ian De Bode @iandebode]

@fintechfrank @Ondo Dropping breadcrumbs everywhere

[Ian De Bode @iandebode]

This one has been in the works for over a year. Tokenization is not about bringing existing assets onchain anymore - that problem has already been solved by Ondo Stocks.

What's next is bringing asset management and wealth management onchain, starting with intelligent portfolios. People globally can invest in sophisticated portfolios, developed by Blackrock for Ondo, with a single click, and access products that were previously only available to the wealthy select few.

Over the next few months, expect Ondo to launch more intelligent portfolios that combine stocks, commodities, ETFs, and even prediction markets, to enable seamless and diversified investing. We are just getting started.

[Ondo Finance @Ondo]

Introducing Ondo Intelligent Portfolios, the first three portfolios powered by BlackRock.

Ondo Intelligent Portfolios introduces a new onchain product category: curated investment portfolios delivered as single onchain transferable tokens.

The first three portfolios are based on portfolio strategies developed by BlackRock for Ondo, marking the first time eligible onchain investors can access exposure to such strategies through a single token.

1. BLKHIon: Ondo High Income Powered by BlackRock

2. BLKDIGon: Ondo Diversified Growth Powered by BlackRock

3. BLKGRWon: Ondo High Growth Powered by BlackRock

Diversified, professionally constructed strategies have historically required brokerage accounts and traditional fund structures. Now, delivered as peer-to-peer transferable tokens from Ondo, these onchain portfolios become accessible to eligible non-US investors in permitted jurisdictions through the wallets, exchanges, and DeFi applications they already use.

“Tokenization creates new ways for portfolio strategies to be delivered through digital infrastructure. Diversified portfolio strategies can be incorporated into tokenized investment products, enabling eligible investors to access diversified allocations through a single instrument. It shows how established portfolio construction approaches can be delivered through new channels and technologies.” - Lisa O’Connor, Global Head of the Model Portfolio Solutions team and Co-CIO for Global Solutions within the Multi-Asset Strategies group at BlackRock

Ondo Intelligent Portfolios can unlock novel capabilities:

→ Programmatic rebalancing
→ Full composability with DeFi
→ Complete transparency onchain
→ Multiple asset classes in a single token

This is just the start for Ondo Intelligent Portfolios. The infrastructure is now in place for leading financial institutions to bring their asset allocation expertise onchain.

[Ondo Finance @Ondo]

The next evolution of tokenization.

Tomorrow. Turn notifications on.

[Ian De Bode @iandebode]

Number 1 in treasuries AND in stocks and ETFs. There is no second best.

[Ondo Finance @Ondo]

NEW MILESTONE: Ondo is now the #1 provider of tokenized Treasuries by total value.

Ondo now ranks #1 in both tokenized Treasuries and tokenized stocks & ETFs, per @RWA_xyz:

→ #1 in tokenized Treasuries
→ #1 in tokenized stocks & ETFs
→ $3.66B+ in distributed asset value

[Ian De Bode @iandebode]

Stocks + Privacy onchain is now live, powered by Ondo and Near. Big week already, and the best is yet to come

[NEAR Protocol @NEARProtocol]

Every https://t.co/sryybkRtlA launch removes one more thing you used to do somewhere else.

Today, we're partnering with @Ondo to bring tokenized US stocks and ETFs into https://t.co/sryybkRtlA, confidentially, with one account 🧵

[Depository Trust & Clearing Corporation @The_DTCC]

We are pleased to welcome @Ondo Finance's subsidiary, Oasis Pro Markets, to our Fund/SERV platform.

As the first tokenization company to join the network, this milestone bridges traditional and digital finance and supports the continued evolution of capital markets. Read more: https://t.co/odZfKSK9WA

[Patrick Witt @patrickjwitt]

There’s no sense in sugarcoating it: today’s vote was a major disappointment—and, I believe, a failure of American leadership. The full cost of today’s result may not be known for years to come, but this much is clear: it increases the risk that the standards that global financial markets adhere to in the future will be those of Brussels or Beijing, rather than Washington and New York.

I want to thank @POTUS for the opportunity to work on this important legislation and for the remarkable concessions he was willing to make to give this bill a chance; @DavidSacks for his wise leadership on not only crypto but all frontier tech policy; and all the Senators and their staffs who devoted countless hours to working on this bill, chief among them @SenLummis who deserved much better than this.

Lastly, I also want to thank my colleagues across the administration at Treasury, SEC, and the CFTC. Their partnership helped us find creative solutions to challenging issues throughout this process, and their patience made it possible for us to see it all the way through to a vote.

On that last point: @SECPaulSAtkins and @ChairmanSelig, you’re up!

[Ian De Bode @iandebode]

Hayden gets it

[Hayden Adams 🦄 @haydenzadams]

They’re not worse if you want programmability, or to trade at night/weekend/holidays, live outside the US, don’t have a bank account, want to use them in DeFi apps/hold them in a crypto wallets, etc

People always make the same mistake assessing early crypto PMF, focusing only on potential risks and downsides while ignoring the upsides leading to the PMF in the first place

Early AMMs had downsides, but they still got adopted because the existing market structures poorly served so many users and use cases in the first place

End of the day, tokenized stocks are pretty similar to early stablecoins - are they exactly the same as dollars? No.

But they are meeting a user demand in a way that nothing else is.

[Ian De Bode @iandebode]

Its been a big year for onchain stocks. From $100M to $3B as category - fastest growth of any RWA asset class. We kicked off this explosive growth a year ago with a few innovations:
- TradFi liquidity for every buy (no DEX pools needed)
- TradFi pricing via intents (no depegging)
- Ability to support hundreds of assets across chains

Since launch, nearly all providers have copied our model, because it was the right way to bring stocks onchain in the first place.

The next phase gets even more interesting: stocks as collateral (incl. on perps), margin lending, and new portfolio structures to enable seamless exposure to many different assets at once.

Its been an incredible year already. Still very early.

[Ondo Finance @Ondo]

One year of pioneering tokenized stocks.

Today marks one year of Ondo Stocks. Since launch, the tokenized stock market has grown nearly 23x, from roughly $100M to almost $3B.

Ondo Stocks did more than participate in that growth. It defined the category:

→ First to bring TradFi liquidity onchain
→ First to reach $1B in tokenized stock TVL
→ First to bring deep liquidity to 24/7 trading

Year one proved tokenized stocks can scale. The next chapter is about the new products and markets tokenization makes possible.

Billions today. Trillions tomorrow.

[Ian De Bode @iandebode]

@fintechfrank @rleshner Guilty as charged