Ondo news

Ondo (ONDO) surged nearly 70% over the past week, reaching a five-month high of $0.48 before settling at $0.44, as real-world asset tokenization catalysts and whale accumulation drove the rally. The uptrend accelerated after the DTCC added Ondo Finance to its tokenization working group and Ondo completed a cross-border pilot redemption of tokenized US Treasuries with JPMorgan, Mastercard, and Ripple. Santiment data shows whales across multiple tiers accumulated over 77 million ONDO in the past month, signaling growing confidence. The upcoming DTCC tokenization service launch in October may provide further support.

Ondo Finance, JPMorgan's Kinexys, Mastercard, and Ripple completed the first near-real-time cross-border redemption of tokenized U.S. Treasuries on the XRP Ledger, settling in under five seconds. The pilot involved Ondo's OUSG fund and used Mastercard's Multi-Token Network for interoperability between on-chain assets and fiat money. The transaction demonstrates 24/7 settlement outside traditional banking windows. JPMorgan's Kinexys has processed over $3 trillion, and major banks are scaling tokenized deposits. XRP rose 1% to $1.42, down 61% from its all-time high.

Ondo Finance has partnered with Broadridge to enable proxy voting for holders of tokenized stocks and ETFs. Tokenholders can connect their crypto wallets to Broadridge's ProxyVote platform, submit voting preferences, and Ondo votes the real shares accordingly, with the process recorded onchain. Tokenized stocks have reached $1.15 billion in distributed value, up 25.46% over 30 days. Ondo holds roughly 70% of the market with over $700 million total value locked, offering products on Solana, Ethereum, and BNB Chain.

Ondo Finance has introduced proxy voting for holders of its over $700 million in tokenized equities, allowing investors to participate in corporate governance. The feature, built with Broadridge Financial Solutions, lets users review company filings and submit voting preferences through Broadridge's ProxyVote system, using crypto wallets for access. Tokenized equities have grown to over $1.1 billion in value locked, with Ondo as the largest issuer. While tokens do not grant direct shareholder rights, the system enables investors to express preferences that Ondo applies when voting its underlying shares. Broadridge is extending its traditional proxy infrastructure to blockchain systems, aiming to support both digital and conventional assets in the same workflows, enhancing trust and scalability in the tokenized world.

Ondo Finance has requested SEC confirmation that it won't face enforcement for using Ethereum to record and administer tokenized securities entitlements tied to U.S. stocks and ETFs. The model would represent these entitlements onchain while underlying assets remain held through traditional channels. The request comes amid growing regulatory openness to tokenization, with SEC Commissioner Hester Peirce encouraging engagement and lawmakers discussing onchain securities frameworks. The SEC has already approved some tokenization initiatives, including Nasdaq's support for tokenized share trading. Analysts project tokenized assets could reach trillions of dollars by 2030, with the current market at roughly $23 billion. Ondo accounts for about $2.8 billion of that total value locked in real-world assets.

Franklin Templeton, a major asset manager with $1.7 trillion AUM, has partnered with Ondo Finance to tokenize five ETFs for 24/7 trading via crypto wallets. The ETFs include growth, income, high-yield, gold, and large-cap funds, expanding access to US equities, fixed income, and gold on blockchain. The initial rollout targets Europe, Asia-Pacific, the Middle East, and Latin America, with a US launch pending regulatory clarity. Ondo Finance dominates the tokenized equities sector with about 60% market share and $2.68 billion in assets, seeing rising adoption and a 6% price increase for ONDO token.

Franklin Templeton is partnering with Ondo Finance to launch tokenized versions of its exchange-traded funds on blockchain, enabling investors to access them through crypto wallets with 24/7 trading. The initial rollout will be available in Europe, Asia-Pacific, the Middle East, and Latin America, with US access pending regulatory clarity. Ondo will purchase shares of Franklin Templeton ETFs and issue tokens through a special-purpose vehicle, giving investors economic exposure and rights to returns. The offering targets crypto wallet users and stablecoin holders, bypassing traditional brokerage infrastructure. The move comes as tokenized equity markets have expanded rapidly, with total value rising from about $500 million in early 2025 to roughly $950 million as of March 2026. Ondo Finance leads the sector, accounting for approximately 60% of the market.

Franklin Templeton is partnering with Ondo Finance to tokenize five of its ETFs tracking stocks, bonds, and gold, targeting crypto-native investors who prefer digital wallets over traditional brokerages. The tokenized funds will trade 24/7 and be usable in DeFi, with Ondo providing liquidity even during off-market hours. The funds include U.S. equity, gold, and corporate bond strategies, initially available in regions outside the U.S. This move expands Franklin Templeton's tokenization efforts, building on its existing onchain money fund, as the firm aims to bring more traditional investment products into crypto environments.

Franklin Templeton and Ondo Finance are partnering to tokenize five of Franklin Templeton's ETFs, including its high-yield corporate and responsibly sourced gold funds. The tokenized ETFs will be offered on Ondo's Global Markets platform, enabling 24/7 trading for users without traditional brokerage accounts, though U.S. users are excluded. This initiative reflects a broader trend of traditional finance embracing tokenization, following recent announcements from the New York Stock Exchange and Nasdaq. The partnership aims to integrate traditional investments into emerging on-chain financial ecosystems.

Franklin Templeton, with $1.7 trillion in assets under management, has partnered with Ondo Finance to tokenize traditional investment products like stocks and ETFs on the blockchain. This collaboration aims to provide 24/7 trading access through Ondo Global Markets, which has seen significant adoption since its 2025 launch. The move reflects a broader industry trend where major asset managers are exploring blockchain infrastructure to distribute products more efficiently. Tokenization could reduce friction in cross-border trading and intermediaries, though regulatory clarity remains a challenge as competition in this space grows.