About Ondo
Ondo brings traditional financial assets onto blockchains, focusing on real-world assets such as U.S. Treasuries and other institutional products. Its ONDO token is used mainly for governance across the Ondo ecosystem and its decentralized organization. Ondo Finance was founded in 2021 by former members of Goldman Sachs's digital assets team, including Nathan Allman and Pinku Surana, and the token launched in January 2024. ONDO is an ERC-20 token, so it has no consensus of its own, though the broader ecosystem includes a separate proof of stake chain called Ondo Chain. The token has a fixed maximum supply of 10 billion, with no planned inflation.
Ondo’s tokenized stock lead shrinks as Binance, Robinhood gain ground: DWF Labs
The rise of Binance and Robinhood in tokenized equities signals a shift towards diversified platforms, enhancing market competition and innovation.
Grayscale partners with Republic to expand access to DeFi, AI and data network products
This partnership could democratize access to niche crypto sectors, potentially reshaping investment landscapes and broadening market participation.
Ethereum leads tokenized ETF market with $303M market cap
Ethereum's lead in tokenized ETFs highlights the need for strategic adaptation to maintain dominance amid rapid market growth and rising competition.
Hyperliquid expands tokenized stock offerings with EQX launch
EQX plans to launch 11 tokenized US stocks and ETFs on Hyperliquid, offering 24/7 spot trading, share backing, dividend reinvestment, and no issuer fees.
Franklin Templeton’s tokenized high yield bond ETF lands on Pendle as FLHYon
Tokenizing ETFs like FLHYon could democratize access to high-yield investments, but also introduces new risks in decentralized finance.
Onchain money is flowing into Treasuries, gold, and asset-backed credit
The shift to tokenized RWAs in DeFi could impact liquidity and stability, with concentrated ownership posing systemic risks in volatile markets.
A sourced map of Ondo's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on Ondo and the wider market, hosted by our team, will appear here once episodes are live.