Ondo Finance Soars Toward $1 Milestone After Robinhood Listing Announcement

Robinhood's embrace sends Ondo Finance into orbit—retail traders pile in as the token flirts with the psychological $1 barrier.

When meme stocks aren't cutting it, why not throw some crypto into the mix? The zero-commission broker's latest addition proves Wall Street's favorite playground just got a blockchain upgrade.

Ondo's 30% surge post-announcement shows retail still chases exchange listings like dogs after cars—but hey, at least this one might actually catch the tire.

Robinhood’s Vlad Tenev supports tokenization

Ondo Finance has already participated in the production of ethereum tokens based on public companies. The tokens bear a “Ondo Tokenized” tag to differentiate them from memes or copycat assets. A total of seven tokenized companies and indexes are already launched on Ethereum, though as experimental assets without representation on exchanges.

The addition of ONDO arrives around a week after Robinhood’s founder Vlad Tenev showed support for tokenization as a sustainable trend and not just a fad narrative.

Recently, Cryptopolitan reported on Tenev’s expectation to tokenize private equity and real estate, while the fintech app doubled its revenues from crypto activities. 

Ondo Finance has also expressed its expectations to bring global markets on-chain, offering convenient ways to trade equities and other RWA. Ondo Nexus already offers tokenization of T-bills from Franklin Templeton and Wisdom Tree.

ONDO returns to $1

ONDO has been trading with increased volatility in the past three months. The asset expanded close to $1, adding 7% for the past day. ONDO traded NEAR a one-week high, though the lack of a public announcement limited the rally. 

ONDO open interest recovered toward $191M, while trading volumes remained near the baseline at $157M in 24 hours. The token is relatively old and well-traded, with volumes distributed to multiple exchanges. ONDO traded at a slight premium of $0.99 on Binance, which carries over 11% of its volume. 

The asset gets a boost from trading on KuCoin, as over 27% of volumes were against the Korean won. ONDO traded at $0.98 on the South Korean markets, though still drawing interest as a relatively conservative and SAFE asset.

One of the big problems for Ondo Finance is that it arrived during the 2021 wave of new projects with a low float. The platform raised $46M in several rounds and public presales. 

As of August 2025, over 66% of the ONDO supply is still vested and awaits scheduled cliff unlocks. The next big unlock for ONDO will arrive at the beginning of 2026, with most of the coins meant for ecosystem development.

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