News linked to both this project and an event.
According to an official announcement from Ondo Finance, Ondo Intelligent Portfolios has launched on Solana, introducing seven on-chain portfolios spanning yield, growth, and thematic investing, three of which are backed by BlackRock. Each portfolio is offered as a single transferable on-chain token, enabling transparent holdings visibility and algorithmic rebalancing. Initial partner wallets and applications include Titan, 1inch, LI.FI, and Jumper, among others.
According to an official blog post by Ondo Finance, The Depository Trust Company (DTC) has officially launched the DTCC Tokenization Service (DTS). DTC is a subsidiary of The Depository Trust & Clearing Corporation (DTCC). Ondo Finance joins the ecosystem for this service alongside institutions such as Broadridge, DRW, and Fireblocks.
As reported by Cryptopolitan, Token Terminal data shows that the deposit volume of tokenized stocks in DeFi protocols has exceeded $300 million, up from $262 million last month and reflecting a 2,451.5% increase from approximately $11.8 million a year ago. The deposits are distributed across 20 issuers and 10 blockchains. The data indicates that the growth was primarily concentrated in the third quarter: starting at $80.1 million at the beginning of the quarter, it rose to $265 million on September 30, marking a quarterly increase of approximately 230%. This timeline aligns with Binance launching bStocks in June and Robinhood Chain going live in July. In terms of on-chain distribution, Solana leads with $102.6 million, accounting for a 34.2% share, with Robinhood Chain and Ethereum ranking second and third respectively. BNB Chain holds $42.8 million, Base holds $24.3 million, and the top five chains combined account for approximately 96%. Regarding issuers, xStocks accounts for over 39%, Robinhood holds $70.8 million, Binance bStocks holds $38.4 million, and Ondo Finance holds $3.4 million.
Odaily News: Ondo Finance has announced that its platform's total value locked (TVL) has surpassed $4 billion, marking a new milestone. Among this, tokenized stocks and ETF assets exceed $1.3 billion, with cumulative holders across its various products surpassing 1 million. Ondo claims it is currently the largest tokenized U.S. Treasury platform.Ondo stated that the platform is expanding from tokenized U.S. Treasuries into asset classes such as stocks, ETFs, portfolios, and private markets. Its Ondo Stocks connects to traditional financial exchange liquidity through a request-for-quote (RFQ) mechanism, and with the support of its wallet and app, enables permissionless transfers of related tokenized assets across Solana, Ethereum, and BNB Chain.
Illia Polosukhin stated that as on-chain tools expand, users no longer need centralized exchanges for many crypto activities. near.com integrates cross-chain spot trading, tokenized stocks, yield products, and perpetual contracts into a single interface, and plans to add more fiat-related features, including bank withdrawals, tax transaction records, and selective disclosure for confidential transactions. NEAR has partnered with Monerium to support users in converting between euros in bank accounts and EURe via IBAN, with the ultimate goal of enabling NEAR Intents to support "any asset to any asset" swaps. After integrating Ondo Finance in September, near.com already offers tokenized stocks and plans to add stocks from more global markets; NEAR's Agent Market allows users to describe their needs in natural language, with the platform finding agents capable of executing the task, and funds will be released after the task is completed and verified.
Binance announced that it will adjust the cross margin borrowing and withdrawal collateral ratios, unified account collateral ratios, and unified account pro tiered collateral ratios for select assets at 14:00 Beijing Time on October 9. The adjustment process is expected to take approximately 30 minutes.
Bitcoin fluctuated amid rising US Treasury yields before stabilizing at $84,500; Ondo Finance led gains following the launch of new projects, pushing its token back to $0.50. The US 10-year Treasury yield surpassed 5.18%, reaching its highest level since 2007.
Ondo Finance has announced its tokenized securities platform, Ondo Stocks, has launched on the NEAR mainnet and integrated with NEAR Intents. The initial rollout supports 20 tokenized U.S. stocks, ETFs, and commodity-related products, including shares of Tesla, Nvidia, Apple, as well as QQQ, gold, and silver ETFs. Eligible users can access these assets through the NEAR mainnet and distribute them to wallets and applications on connected networks via NEAR Intents. The NEAR mainnet supports access to over 30 blockchains. Ondo stated that its tokenized securities platform has surpassed $1 billion in total value locked, with cumulative trading volume exceeding $26 billion.
Ondo Finance announced today that approved institutions can now use their existing stock holdings to mint Ondo Stocks tokens via Alpaca’s Instant Tokenization Network, and can redeem the tokens to retrieve the corresponding stocks. This feature is currently live on Ethereum and BNB Chain.
The succession plan for the crypto asset project Ondo Finance has faced new obstacles, as family members have legally petitioned for restricted guardianship over co-founder Kathleen Allman, alleging that she suffers from dementia and has been squandering funds.
Odaily reports: Nathan Allman, founder of the blockchain project Ondo Finance, passed away without leaving a will. His parents consequently inherited his estate, including a controlling stake and a substantial amount of ONDO tokens, escalating a legal dispute over control of the project.The founder's mother, Kathleen Allman, has sued acting CEO Ian De Bode, accusing him of attempting to seize control of the company and secure a compensation package worth approximately $11 million for himself.Nathan Allman's half-sister and Ondo investor David Chen are seeking a limited guardianship over Kathleen Allman's portion of the estate, citing concerns including cognitive impairment and financial mismanagement; Kathleen Allman denies the allegations. (CoinDesk)
Ondo Finance has announced its subsidiary Oasis Pro Markets has joined the Depository Trust & Clearing Corporation (DTCC)'s Fund/SERV platform, becoming the first tokenized platform accepted into the fund transaction processing and distribution network.Oasis Pro Markets is a US-registered securities broker-dealer and distributor of tokenized investment products. Fund/SERV processes over 85% of mutual fund transaction activity in the United States; through this integration, Oasis Pro Markets can conduct transactions with fund companies, wealth management platforms, and service providers via standardized connections, and support account-level data transmission, trade confirmation, reconciliation, fund distribution, tax reporting, and regulatory reporting.
Ondo Finance has announced that it will cease minting USDY on the Aptos and Noble networks starting September 8, while other supported networks remain unaffected. USDY on Osmosis and Mantra is also impacted by this adjustment, as it is bridged from Noble via IBC, and affected users may choose to migrate or exit based on their position size.
Odaily Odaily News: Tokenized real-world asset management firm Ondo Finance stated that existing U.S. securities laws can support perpetual futures tied to individual stocks without the need for new rules, applying the current securities and futures framework.On August 24, Ondo Finance submitted three comment letters to the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC), recommending the introduction of related products within the United States while incorporating modern margin mechanisms and on-chain market data.Its Panamanian subsidiary has already been offering stablecoin-settled perpetual futures on U.S.-listed stocks outside the United States. As of August 14, the platform, which launched approximately six weeks ago, has accumulated a trading volume of $8 billion. Ondo Finance manages and distributes approximately $2.6 billion in tokenized real-world assets, ranking fourth in the sector. (Cointelegraph)
According to official announcements, Ondo Finance revealed a series of ecosystem milestones, covering data on Ondo Perps and Ondo Stocks, reflecting the continuous growth of its on-chain market. Notably, since its launch in July, open interest for Ondo Perps has steadily climbed, currently surpassing $100 million, with particularly strong performance in recent weeks; meanwhile, according to DefiLlama data, Ondo Perps has ranked among the top three global RWA perpetual contract trading platforms, demonstrating market demand for RWA derivatives. Furthermore, since its launch in September 2025, Ondo Stocks has surpassed 270,000 cumulative holders, with the growth in holder count primarily driven by new participants rather than increased position sizes by a small number of existing accounts.
据 CoinTelegraph 报道，币安 bStocks 在上线不足两个月后，于 8 月 3 日市值达约 6.24 亿美元，超越 Kraken 旗下 xStocks（约 5.79 亿美元），跃升为全球第二大代币化股票发行商，仅次于 Ondo Finance（约 9.27 亿美元）。截至本周二，bStocks 以 6.106 亿美元小幅领先 xStocks 的 6.012 亿美元。
Odaily News: Ondo Finance announced a partnership with Grvt, a hybrid decentralized trading platform built on ZKsync, to establish a $100 million position in Ondo USDY over the next year, expanding its on-chain fixed-income asset portfolio.Under the collaboration plan, Grvt will integrate USDY into its yield product, Grvt Earn. The platform will hold and manage USDY directly on its balance sheet, incorporating the associated returns into the unified base yield currently offered to users. This allows users to benefit from the yield without needing to purchase USDY separately.USDY is a yield-bearing tokenized security launched by Ondo Finance, primarily backed by short-term U.S. Treasuries, Treasury-based ETF shares, and bank deposits. According to RWA.xyz data, USDY is currently one of the third-largest tokenized asset products, with approximately $2.14 billion in assets under management and around 15,600 holders. (The Block)
According to CoinDesk, Ondo Finance announced the appointment of former Blockchain.com Chief Financial Officer Adam Schlisman as Chief Financial Officer. Schlisman previously also served at Monashee Investment Management. Ondo stated that this appointment aims to support the expansion of its tokenized assets and on-chain capital markets business. The company was founded by former Goldman Sachs executives and is currently one of the larger real-world asset tokenization platforms, with products covering blockchain-based US Treasury bonds and stocks.
According to DeFiLlama's latest "Tokenized Stock Research Report", tokenized stocks are becoming one of the fastest-growing sectors, with active market cap increasing from $814 million at the beginning of the year to $1.976 billion, a growth of over 140%. The report conducted a comparative analysis of the stock product architecture, market trading data, and liquidity performance of mainstream platforms including Binance, Bitget, Kraken, Bybit, Hyperliquid, and Ondo Finance. Data shows that in liquidity benchmark tests for the five stock spot markets of MSTR, SPY, QQQ, CRCL, and NVDA, Bitget's stock token rToken had a median bid-ask spread of only 0.83 basis points and maintained the deepest order book liquidity across all sample markets. In execution benchmark tests covering 36 stock perpetual contracts and 8 metal and commodity perpetual contracts, Bitget maintained a leading position in depth across approximately 90% of trading pairs. DeFiLlama noted that as the tokenized stock market continues to mature, liquidity and trade execution quality are becoming key differentiating factors in platform competition. With lower trading costs and deeper order books, Bitget provides a more efficient trading experience for institutional and retail users.
: Tokenized asset issuer Ondo Finance has abandoned its traditional Layer 1 blockchain plan and instead launched the Ondo Network. The platform is positioned as a trading network tailored to institutional needs, designed to support private, high-speed trade execution. The network's first application, Ondo Perps, will allow users to trade perpetual futures using tokenized assets as collateral, separating fast, private trade execution from public chain settlement. Ondo Finance has already issued tokenized U.S. Treasury bonds and stocks, and is advancing broader trading infrastructure development against the backdrop of rising Wall Street interest in tokenization and 24/7 markets.