News linked to both this project and an event.
: 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.
Ondo Finance and Japanese financial group SBI Group have announced a strategic partnership. The two parties will jointly promote the tokenization of Japanese stock assets and explore the use of yen stablecoins for on-chain settlement and collateral.Ondo stated that as one of the world's largest issuers of tokenized stocks, this collaboration will connect Japan's mature capital market with the global tokenized finance ecosystem, expand the on-chain accessibility of Japanese assets, and promote Ondo's tokenized products to Japanese investors through the SBI Group ecosystem. According to the cooperation plan, both parties will advance the following directions:Issuing tokenized Japanese assets through Ondo Global Markets (BVI) Limited, a subsidiary of Ondo;Utilizing SBI's JPYSC yen stablecoin to provide on-chain settlement and collateral support for Ondo's tokenized assets;Distributing Ondo's tokenized financial products through the SBI Group ecosystem.
As the tokenization of capital markets intensifies, the Securities Transfer Association (STA) recently submitted a comment letter to the U.S. Securities and Exchange Commission (SEC), warning that stock tokens issued by third-party entities could undermine market integrity. The association is calling on regulators to prioritize tokenized securities authorized by listed companies in future rulemaking.The STA represents numerous Wall Street transfer agents, whose members argue that genuine tokenized stocks should be formally authorized by the issuing company and recorded on the official shareholder register, rather than consisting of "wrapped" token products created by independent platforms.The association points out that third-party stock tokens could confuse investors regarding their actual holdings and expose them to platform credit, custody, and operational risks, without establishing a direct legal relationship with the listed company. Therefore, any innovation exemptions, pilot programs, or permanent regulatory frameworks for tokenized securities should be prioritized for the issuer-supported model. The STA also urges the SEC to reform the existing Direct Registration System (DRS), arguing that the current U.S. securities depository system struggles to meet the real-time transfer and settlement demands of on-chain securities. It recommends that regulators collaborate with the Depository Trust & Clearing Corporation (DTCC) to optimize the digital securities infrastructure.Currently, the global tokenized stock market, valued at approximately $2 billion, is predominantly led by the third-party model, including products launched by Ondo Finance and Kraken, while institutions like Securitize and Figure adopt the issuer-authorized model. (CoinDesk)
According to official sources, Ondo Perps is now officially live and open to non-US investors. As a perpetual contract platform that supports tokenized stocks and stablecoins as derivatives margin, Ondo Perps is committed to driving the on-chain derivatives market into a new phase of capital efficiency. Its core advantages include:Tokenized stocks as collateral: No need to maintain separate capital reserves across multiple platforms;Market depth comparable to traditional finance: Achieving extremely low spreads and slippage;Execution speed rivaling top-tier crypto CEXs: Order routing, margin updates, and liquidations are processed in real-time, while ensuring decentralization.Currently, supported assets on Ondo Perps cover stocks, indices, and commodities, including SPCX, MU, NVDA, TSLA, AAPL, Gold, and Crude Oil, with up to 20x leverage, offering global investors 24/7 trading.According to the introduction, Ondo Perps is built on Ondo Finance technology, with Ondo Global Markets providing the underlying tokenized stock infrastructure. Its total TVL has exceeded $1 billion.
Ondo Finance has announced the launch of a third-party custodial tokenized securities solution in the United States, designed to comply with local regulatory frameworks. The underlying assets are issued on the Ethereum blockchain, and the company has partnered with financial infrastructure service provider Broadridge to offer tokenized stock holders comprehensive shareholder governance and proxy voting services.The solution adopts a two-tier compliance architecture: the underlying stocks remain held within the US licensed traditional custody system; Ondo’s registered transfer agent mints tokens on a 1:1 basis and deploys them on the Ethereum public chain, while the underlying physical securities are simultaneously held by a compliant custodian for safekeeping. (Prnewswire)
: Ondo Finance announced the launch of a third-party custodied tokenized securities solution operating within the current regulatory framework in the United States. The company has partnered with Broadridge Financial Solutions to provide complete shareholder governance and voting rights support for tokenized stock holders. According to the mechanism design, the underlying stocks remain within the traditional regulated custody system in the U.S., with tokens minted at a 1:1 ratio by Ondo's registered transfer agent and issued on the Ethereum blockchain, while the underlying assets are held by compliant custodians.
According to The Block, Trump's annual financial disclosure report (totaling 927 pages) released by the U.S. Office of Government Ethics shows that Trump received significant crypto-related income through his family crypto company World Liberty Financial (WLF), including over $65.6 million from the sale of WLF Holdco equity and approximately $236.25 million from WLF token sale allocations. Additionally, the report disclosed his cold wallets holding various crypto assets such as Bitcoin, Ethereum, USDC, LINK, AAVE, ENA, MOVE, and ONDO, and that he received approximately $1.8 million in Ethereum staking rewards. Trump also holds up to $100,000 in Coinbase stock and multiple investments in Strategy (formerly MicroStrategy). In contrast, Vice President JD Vance's annual financial report is only 17 pages, disclosing that he holds Bitcoin valued at up to $500,000.
Ondo Finance has announced the integration of its tokenized securities platform, Ondo Global Markets, with Uniswap. Over 430 tokenized stocks and ETFs on the platform are now simultaneously available on Ethereum and BNB Chain. Users can trade via the Uniswap interface or the UniswapX API.Compliant users can trade tokenized shares of companies such as SpaceX, Tesla, NVIDIA, Apple, Microsoft, and Amazon, as well as major ETF assets like SPY and QQQ, directly on-chain. Trades leverage UniswapX to benefit from optimal liquidity routing, MEV protection, and gas-free transactions. All wallets and protocols integrated with the UniswapX API can support Ondo's full suite of tokenized securities without requiring additional development. Data shows that since its launch in September 2025, Ondo Global Markets has covered over 430 tokenized securities, with its TVL surpassing $1 billion and cumulative trading volume exceeding $20 billion.
Ondo Finance officially announced that SpaceX has officially launched on-chain, with its IPO token $SPCX now live on the Ondo Global Markets platform, supporting Solana, Ethereum, and BNB Chain. This marks the first time in history that the largest IPO to date has been tokenized on-chain on its listing day.
Ondo Finance announced on X platform that SpaceX has completed the largest IPO in history, with its tokenized asset SPCXon launching on Ondo Global Markets on its first day of trading, supporting Solana, Ethereum, and BNB Chain.
Ondo Finance has hired John Hoffman, a former Invesco ETF executive and Grayscale managing director, aiming to expand its tokenized investment products beyond equities and treasuries.John Hoffman will serve as managing director and head of product portfolio, focusing on building and distributing tokenized portfolios, including investment portfolios co-developed with asset management firms and strategies built around Ondo's existing products. This move indicates Ondo Finance's plan to go beyond single-asset tokenization and shift towards managed investment products on the blockchain. The current market size of tokenized assets has exceeded $30 billion. (CoinDesk)
Odaily Odaily, Ondo Finance CEO Ian De Bode issued an open letter, mourning the passing of company founder Nathan Allman, and stated that Ondo will continue to advance its business development according to the established roadmap.Ian De Bode mentioned that Nathan Allman had already built a solid management team and product plan before his passing; the company's leadership and board structure remain stable, and the strategic direction will not change. He revealed that Ondo will announce new infrastructure plans in the coming days and continue to push for the launch of Ondo Perps. This product is positioned as the first perpetual contract platform for real-world assets (RWA), allowing tokenized assets to be used as collateral for trading, and is expected to officially launch within the next few weeks.Additionally, Ian De Bode stated that Ondo's current on-chain asset scale has approached $4 billion, and it will continue to expand its business around tokenized stocks, ETFs, treasuries, and yield-bearing assets, further extending into areas such as trading, prime brokerage, and asset management.
Ondo Finance announced the unexpected passing of its founder, Nathan Allman. The announcement stated that Nathan Allman’s vision, humility, and execution shaped Ondo Finance’s development, and his mission to build a more open and inclusive financial system will continue to guide the company’s future initiatives. Ondo Finance also confirmed that Ian De Bode, who has long served as President, will assume the role of CEO. The announcement noted that Ian De Bode has been overseeing the company’s strategy, product development, and day-to-day operations for over two years and enjoys full support from the management team.
Ondo Finance announced its Ondo Global Markets platform has surpassed $1 billion in total value locked (TVL), becoming the first tokenized stock and ETF trading platform to reach this scale. It is understood that the platform has been online for less than 8 months, with TVL doubling since January 2026 and accumulating approximately $18 billion in trading volume. According to data from RWA.xyz, it currently holds over 70% market share in the tokenized stock issuance sector.
Ondo Finance has officially disclosed that Ondo now supports bridging its tokenized stocks and ETFs (such as SPYon, NVDAon, TSLAon, etc.) from Ethereum and BNB Chain to Hyperliquid’s HyperEVM via the Ondo Bridge. This integration supports 35 types of tokenized assets, which can be combined with Hyperliquid’s perpetual contract markets for strategies such as basis trading, funding rate arbitrage, and neutral hedging. The prices of Ondo’s tokenized assets are pegged to quotes from traditional markets like the NYSE and Nasdaq, aiming to preserve off-chain market liquidity. Since its launch in September 2025, Ondo Global Markets has accumulated a total TVL of approximately $970 million, with a trading volume of nearly $18 billion.
According to CoinDesk, Ondo Finance has partnered with Broadridge to introduce proxy voting functionality for holders of over 250 tokenized securities on its platform. Users can log in to Broadridge’s ProxyVote system via their crypto wallets to review corporate documents and submit voting preferences. The total market value of stocks and ETF tokens currently issued on its Global Markets platform exceeds $700 million. Ondo stated that while these tokens do not directly confer shareholder rights, the platform can consider investors’ voting preferences when exercising voting rights on the underlying shares it holds.
According to Ondo Finance’s official blog, Ondo Finance recently submitted a “no-action” request to the U.S. Securities and Exchange Commission (SEC), seeking confirmation from the SEC that it will not take enforcement action against Ondo’s model for recording and managing certain security interests in tokenized form on the Ethereum mainnet. The request concerns its Ondo Global Markets (OGM) product, which currently offers non-U.S. investors tokenized notes providing exposure to U.S. equities and ETFs. Under this model, the underlying securities remain within the existing legal, custodial, and recordkeeping frameworks; official books and records remain unchanged. Only in limited circumstances are the relevant security interests mapped onto the Ethereum mainnet in tokenized form, held by custodian BitGo to support recordkeeping and operational processes.