Ondo Finance Expands On-Chain Prime Brokerage with Perpetual Futures Platform
Ondo Finance, a blockchain-based financial services firm, is making significant strides in rebuilding traditional prime brokerage services on-chain. With over $2 billion in tokenized U.S. Treasuries and a dominant 60% market share in tokenized stocks and ETFs, the company is positioning itself as a leader in the digital asset space.
The launch of Ondo Perps marks a pivotal step in this vision. The platform allows tokenized assets to be used as collateral for perpetual futures, bridging the gap between crypto's $86 trillion derivatives market and the quadrillion-dollar traditional derivatives sector. "Equity perps sit at the intersection," the company noted in a recent announcement.
Retail adoption, particularly in Asia, is accelerating through strategic wallet integrations. President Ian de Bode characterized 2025 as a breakout year during the ONDO Summit, highlighting the firm's growing infrastructure as the foundation for a new global trading ecosystem.