It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo's founder. Our hearts are with his family and loved ones.
Nate’s brilliance, humility, and drive shaped every part of what Ondo is today. His belief in the power of technology to create a more open, accessible financial system lives on in everything we build. The impact he had on this industry, and on all of us personally, cannot be overstated.
Nate also helped us build a durable organization with experienced leaders across all facets of the business. Ian De Bode, Ondo Finance’s longtime President, will serve as CEO. Ian has been leading our strategy, product, and day-to-day operations for over two years and has the full confidence of the leadership team.
We will continue building what Nate started. That is the most meaningful way we know to honor him.
ONDO FINANCE TVL CROSSES $3.5B AS RWA SECTOR HITS $33.5B
@OndoFinance's total value locked has climbed to $3.58B, with the protocol generating $54.11M in annualized fees.
$ONDO is deployed across multiple chains, but Ethereum continues to lead the way with $2.198B in TVL, followed by BNB Chain, which gained traction after @PancakeSwap integrated 100+ tokenized stocks and ETFs for retail DeFi users.
The broader tokenized funds market has reached $33.5B, up from nearly $12B in early 2025. @OndoFinance holds roughly 58% to 60% market share in tokenized stocks.
$ONDO trades near $0.27, but with $BTC reclaiming $77K this week and risk appetite returning, the setup could offer upside as capital rotates back into high-beta RWA plays.
Tokenization is no longer a thought experiment. The baseline has shifted.
In a new note, Peter Curley looks at how recent institutional literature on tokenization is already beginning to reflect the next phase of market development: not just modernization of existing infrastructure, but also the broader use cases, new venues, and more open markets in tokenized assets poised to energize economic activity 👇
https://t.co/kcm3DboCIc
📢 Flight #MEXCEventRocks is now boarding at the @MVenturesLabs Terminal @AusCryptoCon
All builders, traders, and dreamers, please proceed to the boarding area for your “Venture to Rewards” journey.
Don’t miss your exclusive merch before departure!
@MEXCOceania @MEXC_Official
This week, from @token2049 to @Sibos to Ondo's reception with @Mastercard, one message resonated:
Tokenization has moved beyond proof of concept.
The dialogue has shifted from “why” to “how.”
Another big week for digital asset adoption.
The SEC weighed tokenized stock trading, Swift announced blockchain infrastructure with major banks, and Robinhood's CEO predicted tokenization will reshape global finance.
This week's updates. 👇
1️⃣ Robinhood CEO says "Tokenization will eat the entire global financial system"
Robinhood CEO Vlad Tenev declared that "tokenization will eat the entire global financial system" in a post on X following his appearance at Token2049 in Singapore.
https://t.co/cWf4lgA8KP
2️⃣ Circle and Deutsche Börse collaborate to advance stablecoin adoption in Europe
Deutsche Börse Group and Circle signed a Memorandum of Understanding to integrate USDC and EURC into Deutsche Börse's financial market infrastructure.
https://t.co/L1K3ildHNJ
3️⃣ SEC weighs plan to allow blockchain-based stock trading
The Securities and Exchange Commission is reportedly developing a plan to allow blockchain-registered versions of stocks to trade on cryptocurrency exchanges, marking a significant step toward integrating digital asset technology into traditional markets.
https://t.co/WUAiFpPRnb
4️⃣ Swift announces blockchain plan at Sibos
Swift is developing its own blockchain to streamline transactions among global banks. The platform will facilitate transactions involving tokenized products and stablecoins, with Bank of America, Citigroup, and NatWest among the initial partners.
https://t.co/PyupAbyAQz
5️⃣ Bridge launches Open Issuance stablecoin platform
Bridge, acquired by Stripe in 2024, launched Open Issuance, a platform that allows any business to launch and manage its own stablecoin. Phantom (CASH), Native Markets (USDH), MetaMask (mUSD), and Dakota (DKUSD) joined as launch partners.
https://t.co/XPR1nogT3b
1/ Wall Street 2.0 is here.
Ondo Global Markets is now live, providing one of the largest-ever selections of tokenized U.S. stocks & ETFs onchain with the liquidity of traditional finance, starting on @Ethereum.
100+ assets now live, with hundreds more on the way.