Ondo Finance

~$2.6B+ in tokenized products including OUSG, USDY, and Ondo Global Markets (200+ tokenized stocks on Solana). Building Ondo Chain for vertical integration. Selected May 4, 2026 to DTCC's Industry Working Group on tokenization, alongside BlackRock, Goldman Sachs, JPMorgan, Franklin Templeton, Morgan Stanley, Bank of America, Citadel Securities, NYSE Group, Circle, Fireblocks, Robinhood, and 40+ others. DTCC plans limited production trades July 2026, full service launch October 2026.

• May 4, 2026WIRED

  Ondo → DTCC Industry Working Group. Sits with BlackRock, Goldman, JPMorgan, Franklin Templeton, Morgan Stanley, BofA, Citadel, NYSE, Circle, Fireblocks, Robinhood designing the rules for tokenizing the $114T DTCC custody base. Production trades July 2026, service launch October 2026.

Asset classes

Treasuries, Equities

Token standards

erc-20, eip-4626

Regulatory

sec-reg-d, sec-reg-s

Jurisdiction

US

Analytics

app.rwa.xyz/issuers/ondo-finance

1. May 2026First cross-border, cross-bank OUSG redemption settled on XRPL with Ripple, Mastercard MTN, and Kinexys by J.P. Morgan
2. May 2026Ondo → DTCC Industry Working Group. Sits with BlackRock, Goldman, JPMorgan, Franklin Templeton, Morgan Stanley, BofA, Citadel, NYSE, Circle, Fireblocks, Robinhood designing the rules for tokenizing...
3. Jan 2025Ondo Global Markets announced
4. Feb 2024Crossed $300M AUM
5. Aug 2023Launched USDY on Ethereum

• 03 /Thread·May 13, 2026

  Stablecoins as treasury tokenization in disguise

  Roughly $220B of stablecoin supply is backed by T-bills. The category divide between stablecoins and tokenized treasuries is regulatory, not economic, and it is already breaking.

  11 min read→