🇰🇷 Korea's Hot Year

Ondo tokenized stocks can now be bridged to Hyperliquid's HyperEVM via LayerZero. This integration enables spot positions to unlock advanced trading strategies for perpetual traders, including basis trades and delta-neutral hedging on applicable markets. **Key developments:** - Melt Finance and Felix Protocol are among the first HyperEVM protocols to integrate Ondo tokenized stocks and ETFs - This follows recent cross-border tokenized Treasury redemption milestone with JPMorgan, Mastercard, and Ripple - DTCC advances tokenization service with 50+ firms including BlackRock, Goldman Sachs, and JPMorgan **Market context:** - Tokenized RWAs crossed $30B total TVL, up over 4x from start of 2025 - Tokenized stocks grew over 21,000% in market cap in under a year - Federal Reserve Governor Lisa Cook noted tokenization's potential to improve settlement and liquidity Ondo maintains 68% market share in tokenized stocks with 260+ assets available.

**Major financial institutions completed a pilot transaction settling tokenized U.S. Treasuries across borders in real time, outside traditional banking hours.** The transaction involved: - Ondo processing Ripple's OUSG redemption on XRP Ledger - Mastercard's Multi-Token Network routing instructions to Kinexys by J.P. Morgan - J.P. Morgan delivering USD to Ripple's Singapore bank account **This marks the first time a public blockchain and global banking infrastructure have settled a cross-border transaction of a tokenized fund together in real time.** The pilot demonstrates how tokenized assets can integrate with existing financial systems, enabling settlement across different banks, borders, and time zones without waiting for banking windows to open. The collaboration between Ondo, Ripple, Mastercard, and JPMorgan's Kinexys platform represents a step toward continuous, 24/7 global markets.

**Ondo Finance has expanded its tokenized securities offering to KuCoin Web3 Wallet**, making over 260 tokenized stocks and ETFs accessible to users. - This follows a similar integration with MetaMask wallet on BNB Chain earlier in April - Users can now access traditional Wall Street assets through their crypto wallets - The expansion represents growing adoption of real-world asset (RWA) tokenization in the crypto space Ondo Finance specializes in bringing traditional financial products on-chain, previously known for its tokenized US Treasury product OUSG.

Ondo Finance has emerged as the dominant player in tokenized silver, with approximately 326,000 oz currently tokenized on-chain according to DefiLlama data. **Key Points:** - Ondo operates the largest tokenized silver product in the market - Silver is one of 250+ assets available on Ondo Global Markets - The platform maintains its position as the world's largest tokenized stocks platform Ondo's expansion into precious metals builds on its existing leadership in tokenized treasuries and stocks, where it manages over $2.5B in total value locked. The company's tokenized stocks platform alone exceeds $500M in TVL, surpassing all competing platforms combined. The growth in tokenized silver represents another step in bringing traditional assets on-chain, offering users direct exposure to precious metals through blockchain infrastructure.