Ondo Finance Becomes World's Largest Tokenization Platform with Over $4 Billion in Assets
Ondo Finance has achieved the position of the world's largest tokenization platform, surpassing $4 billion in market capitalization across 484 distinct real-world assets (RWAs). According to data from RWA.xyz, Ondo now accounts for approximately 10% of all non-stablecoin tokenized value globally and ranks first among 203 tracked platforms. The company's growth is driven by a diverse product suite including tokenized U.S. Treasuries, stocks, and ETFs. Notably, its USDY product leads the tokenized Treasury market, while Ondo Global Markets has captured over $900 million in tokenized stock value since its launch. The platform maintains a significant multi-chain presence across Ethereum, Solana, Stellar, and BSC, serving more than 565,000 holders.
Topics: market milestone onchain finance real-world assets tokenization