Ondo Finance Surpasses $2.5B TVL as Tokenized Assets Gain Momentum
Ondo Finance has eclipsed $2.5 billion in total value locked, cementing its position as the largest on-chain issuer of tokenized U.S. Treasuries and equities. The milestone underscores accelerating institutional adoption of real-world asset tokenization amid shifting macroeconomic conditions.
The platform dominates the tokenized Treasury market with $2 billion TVL, while its equity offerings exceed $500 million—more than all competitors combined. Ondo's USDY, a yield-bearing stablecoin backed by Treasuries, has surpassed $1 billion TVL across nine blockchains, providing global investors with on-chain exposure to U.S. debt markets.