Ondo Financea blockchain platform specializing in the tokenization of real-world assets such as U.S. Treasuries, stocks, and exchange-traded funds, has reported a series of updates reflecting its continued adoption in the space.
These developments include completed acquisitions, new partnerships, product expansions, and participation in industry events, helping the platform manage more than $1.7 billion in assets across chains including: EthereumSolana, Stella.
The total value locked is approximately $660 million in USDY stablecoin alone Ondo continues to facilitate on-chain access to institutional finance through integrations with over 100 partners.
Ondo Finance business overview
Blockchain protocols work by tokenizing traditional financial instruments, giving users access to profitable assets on blockchain networks. Its core products include USDY, a stablecoin backed by US Treasuries and bank deposits, and OUSG, which represents tokenized US Treasuries. The platform is supported by investors including Founders Fund, Pantera Capital, and Coinbase Ventures.
At the time of writing, Ondo's activity is in line with expectations for the real-world asset tokenization market. $18 trillion by 2033. This quarter's updates build on previous momentum, including the launch of Ondo Global Markets in September, which introduced over 100 U.S. stocks and ETFs tokenized on Ethereum. Below is a breakdown of the major updates to the platform.
Early October trends: Summary and industry initiatives
On October 1, 2025, Ondo released a monthly spotlight summarizing September's activities, noting the launch of Ondo Global Markets, the addition of WisdomTree to the Global Markets Alliance, and the rollout of USDY on the Stellar network. The company described these as steps towards an open economy with a focus on user accessibility.
January/September was Ondo's most important month to date.
From the launch of Ondo Global Markets, to WisdomTree joining the Global Markets Alliance, to USDY's current operations on Stellar, Ondo is executing on its vision to create an open economy that is accessible to all.
Other highlights 👇 pic.twitter.com/aWE6AWOAY4
— Ondo Finance (@OndoFinance) October 1, 2025
On the same day, Ondo's Head of Institutional Products, Ian de Bode, participated in a panel discussion at the Sibos conference to discuss the growth trajectory of tokenization. He, along with representatives from Boston Consulting Group, Deutsche Bank, Société Générale Forge, and Euroclear, predicted $5 trillion in tokenized assets in the near term.
Ondo also announced an expansion of its team, hiring from Robinhood for security, Chainlink for marketing, and Revolut for design. These additions are intended to support scaling operations.
By October 3, Ondo introduced daily third-party verification of reserves backing tokenized stocks and ETFs in global markets, confirming 1:1 asset backing to increase transparency. The company also summarized events at Token2049, Sibos, and Mastercard receptions, observing that the industry conversation is moving from conceptual discussions to practical implementation of tokenization.
Acquisitions and regulatory advances
Ondo completed a critical update on October 6, 2025. Acquisition of Oasis Prosecuring U.S. Securities and Exchange Commission registration licenses for broker-dealers, alternative trading systems, and transfer agents. This acquisition will provide Ondo with the following benefits:
- Comprehensive regulatory framework for digital assets in the United States
- Enabling the operation of a regulated market for tokenized securities
- Tokenization engine for real-world assets, primary and secondary transactions
- Capital market services such as underwriting and mergers and acquisitions.
The move is expected to support business expansion. Following this announcement, investor Arthur Hayes increased his holdings in ONDO tokens by $3.6 million, bringing the total amount to $41 million.
Partnerships and integration
On October 9, 2025, Mr. Ondo outlined the U.S. Commodity Futures Trading Commission's priorities regarding spot virtual currency markets, pilot programs, and tokenized collateral. The company touted a tokenized version of the best performing US tech stocks of the past decade. Grayscale Investments has added ONDO to its DeFi fund on behalf of MKR, which has shown institutional investor interest in Ondo’s tokens.
The next day, on October 10, we partnered with STBL on the USST stablecoin, providing $50 million in minting capacity, with USDY acting as primary collateral. Ondo also integrated with LayerZero for cross-chain functionality for tokens with yield, enhancing interoperability. Additionally, over 200 tokenized stocks and ETFs are now available in Coinbase's Base app through Ondo, improving access for users.
Before integrating with LayerZero, Ondo created weekly Latest information on digital asset implementationTenev's comments, Circle's partnership with Deutsche Börse, the SEC's blockchain-based stock trading plans, Swift's blockchain efforts with banks, and Bridge's stablecoin platform.
conclusion
Ondo Finance's recent updates demonstrate its ability to expand its offering of tokenized assets, secure regulatory approvals, and form partnerships that integrate blockchain and traditional finance.
The Oasis Pro acquisition stands out as a key enabler of regulated operations in the US, complemented by cross-chain capabilities and integrations with STBL and LayerZero to support stablecoin collateral, among others. These actions emphasize Ondo's stewardship of its substantial assets and collaboration across its ecosystem.
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