Ondo Finance surpasses Securitize with over $4 billion in TVL, leading global tokenization across stocks, Treasuries, ETFs, and portfolios.

Ondo Finance Becomes World’s Largest Tokenization Platform With Over $4B TVL

Tokenization

Ondo Finance surpasses Securitize with over $4 billion in TVL, leading global tokenization across stocks, Treasuries, ETFs, and portfolios.

Ondo Finance has become the world’s largest tokenization platform, surpassing Securitize with more than $4 billion in total value locked (TVL). According to RWA.xyz, This milestone puts Ondo in the lead of the real-world asset market. Besides, it offers a number of different kinds of traditional financial products.

The achievement marks the increasing demand for financial services based on blockchain. Ondo meanwhile is continuing to expand access to traditional assets with its expanding range of products. It offers U.S. Treasuries, stocks, exchange-traded funds (ETFs) and investment portfolios.

Ondo Finance Reaches $4 Billion TVL Milestone

Ondo’s success is built on a number of key accomplishments in the last 12 months. The company says its expansion is driven by rising demand for tokenized financial products. Moreover, it has built solid footing in various asset classes.

Ondo Stocks was one of the significant accomplishments. The platform has become the first tokenized stock service to hit $1 billion in TVL. Notably, it did so in less than 8 months after launch.

Related reading: Onchain Management of Tokenized Securities: How Blockchain Is Changing the Way Markets Run – Ledger Tribune

In addition, Ondo’s USDY product is now the world’s largest tokenized Treasury offering. The total value of the product is now over $2.3 billion. As a result, it’s a significant portion of Ondo’s total platform expansion.

USDY is a blockchain-based return access to the assets of the US Treasury. Thus, investors will have access to conventional financial exposure via supported blockchain networks. Availability and access is subject to platform and regional requirements.

Ondo also increased its footprint via Intelligent Portfolios. The company claims that this product became the largest onchain portfolio offering by TVL. Furthermore, it reached this rank in just a few weeks after its release.

The accomplishments allowed Ondo to surpass Securitize in the global platform rankings. RWA.xyz has now surpassed the $4 billion TVL milestone. This is a positive development for Ondo in the competitive financial technology industry.

More Than 1 Million Holders Support Ondo’s Expansion

In addition to the TVL growth, Ondo has seen over 1 million cumulative holders on its products. This number reflects the growing number of users on the platform. Moreover, its products are supported by top wallets, exchanges and decentralized finance platforms.

The company thinks that financial markets should be more accessible globally. Therefore, Ondo focuses on bringing traditional financial assets onto blockchain networks. It is designed to link traditional financial instruments to the new digital infrastructure.

Existing financial institutions are also increasingly interested in the industry. As a result, tokenized Treasuries, stocks and other investment products are becoming more and more popular. But regulations, market demand and infrastructure remain to be a factor in adoption.

Ondo said it would keep on creating financial products for global and open markets. In the meantime, its new ranking shows the company’s quick growth. The milestone of crossing $4 billion in TVL is also a significant milestone for the entire industry.

The competition between Ondo Finance and Securitize underscores the increasing size of the sector. However, future rankings will be based on platform expansion and investor interest. As of now, Ondo is the top tokenization platform in the world, says RWA.xyz.

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