Tokenization platform Ondo TVL reaches 4 billion USD

The tokenized asset platform Ondo announced on platform X that its total locked value has reached 4 billion dollars. Ondo stated that its products have expanded from tokenized U.S. Treasury bonds to tokenized stocks, ETFs, portfolios, and private markets.

Ondo disclosed that the scale of tokenized stocks and ETFs exceeds 1.3 billion dollars, with a cumulative number of holders exceeding 1 million, claiming to be the platform with the largest scale of tokenized U.S. Treasury bonds.

Ondo stated that the related growth is associated with Ondo Stocks accessing liquidity from traditional financial exchanges through RFQ, with leading wallets and applications making this liquidity accessible, allowing assets to be transferred permissionlessly on Solana, Ethereum, and BNB Chain.