Ondo Finance Brings Tokenized Treasuries to XRPL via RLUSD

🔄 Treasury Tokens Meet XRPL

By Ondo Finance
Jun 12, 2025, 4:42 PM
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Ondo Finance has expanded its tokenized treasury offerings to the XRP Ledger (XRPL), enabling institutional investors to access OUSG (Short-Term US Government Treasuries Fund) through RLUSD.​ This marks the first seamless settlement between OUSG and RLUSD on XRPL.​

Key points:

  • OUSG is fully backed, yield-generating, and compliant
  • Ondo Finance manages over $1.​3B in TVL
  • OUSG has $690M in TVL, invested in funds from BlackRock, Franklin Templeton, and others

This integration provides institutions with flexible treasury management tools and high-quality tokenized assets on XRPL.​

Sources

Speaking with @CNBC about Ondo Chain testnet's debut transaction, @nathanlallman explained: “It’s really the first time that there’s been this interoperability between a bank’s permissioned blockchain environment and a public blockchain.” cnbc.com/2025/05/15/us-…

Ondo Finance
Ondo Finance
@Ondo

1/ Kinexys by J.P. Morgan (@jpmorgan), Ondo Finance, and @chainlink are teaming up to connect bank settlement infrastructure to Ondo Chain. Today, we are excited to announce the debut transaction on Ondo Chain testnet — a cross-chain, atomic DvP settlement of OUSG.

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The momentum behind tokenized assets is now impossible to ignore, prompting the US Treasury to weigh in. In its latest report, the department outlined how stablecoins could: → 8x to $2T by 2028 → Reshape global demand for short-term Treasuries → Replatform payments,

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Here's what leaders from Kinexys by @jpmorgan, @chainlink, and @ondofinance had to say about the debut testnet transaction on Ondo Chain — a new L1 purpose-built to scale institutional-grade RWA tokenization: 👇 “The demonstrated cross-chain solution is a testament to what can

Ondo Finance
Ondo Finance
@Ondo

1/ Kinexys by J.P. Morgan (@jpmorgan), Ondo Finance, and @chainlink are teaming up to connect bank settlement infrastructure to Ondo Chain. Today, we are excited to announce the debut transaction on Ondo Chain testnet — a cross-chain, atomic DvP settlement of OUSG.

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Ondo Global Markets will bring stocks and ETFs from NYSE and NASDAQ onchain. They will be: → Accessible 24/7 → Eligible for margin → Composable with DeFi Whether you're an individual user or a platform developer, Ondo Global Markets brings tokenized equities directly to your

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Where is onchain finance headed over the next 12 months? “We’re going to continue to see rapid growth in tokenized treasuries,” explained @nathanlallman on @jacqmelinek's @_TalkingTokens podcast. “Tokenized treasuries have still barely scratched the surface of eating into the

Jacquelyn Melinek
Jacquelyn Melinek
@jacqmelinek

Is 2025 the year of tokenization?🪙 @OndoFinance's Founder & CEO @nathanlallman says yes. Ondo is home to $USDY and $OUSG, which have market caps of ~$600M and $420M, respectively His team is banking big (pun intended) that onchain finance will change everything for crypto

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“There's 64 trillion dollars in global equities that can be brought onchain.” —Ondo Finance Vice Chair Patrick McHenry, live on Nasdaq @TradeTalks with Rep Zach Nunn. Today, only a fraction of that value is accessible onchain. Ondo is building the infrastructure to change that.

TradeTalks
TradeTalks
@TradeTalks

.@OndoFinance @PatrickMcHenry & @ZachNunn join @JillMalandrino on @Nasdaq #TradeTalks to discuss the future of digital assets, crypto regulation and policy, and the importance of national security in financial innovation. x.com/i/broadcasts/1…

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Yieldcoins represent a new class of tokenized assets designed to deliver steady, onchain yield. Ondo’s market-leading yieldcoins, USDY and OUSG, give global investors access to institutional-grade yield without the friction of traditional finance.

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Ondo Finance
Ondo Finance
@Ondo

The tokenized treasuries market continues to expand—and Ondo is at the forefront with two products. USDY is the most widely held yieldcoin, and OUSG offers market-leading instant liquidity—together unlocking global, 24/7 access to US treasuries yield. The future of capital

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Tokenization is about unlocking access - for investors, products, and capital. At Ondo, we’ve built market-leading solutions that are globally accessible with industry-leading cost efficiency, seamless interoperability, and instant redemption capabilities. Today, Ondo is

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The institutions are here. Solana Stories featured Ondo’s Ian De Bode alongside leaders from Visa, VanEck, and Galaxy Digital to discuss the accelerating shift toward digital assets. “Everyone sees the writing on the wall that the regulation and legislation is changing.”

Solana
Solana
@solana

1000-year-old financial systems don't change overnight — except when they do. The institutions are here, and they're building on Solana.

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Ondo Global Markets will do for US securities what stablecoins did for the US dollar. What will Ondo Global Markets provide? • A gateway to US equities trading • Instant minting and redemption of tokenized securities • Composability for tokenized US stocks This is how

Ondo Finance
Ondo Finance
@Ondo

Ondo Global Markets provides more than tokenized access — it enables programmable liquidity for the world’s most important assets.

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The tokenized treasuries market continues to expand—and Ondo is at the forefront with two products. USDY is the most widely held yieldcoin, and OUSG offers market-leading instant liquidity—together unlocking global, 24/7 access to US treasuries yield. The future of capital

Messari by Blockworks
Messari by Blockworks
@MessariCrypto

Over 90% of all tokenized treasuries are issued by just 6 entities (h/t @SteimetzKinji)

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The institutions are coming. Major banks and asset managers “are now finally seeing an environment where they can lean forward because regulatory clarity is coming,” explained Ondo’s Ian De Bode, live on Nasdaq @TradeTalks. “A lot of big institutions are coming to us looking

TradeTalks
TradeTalks
@TradeTalks

.@OndoFinance Chief Strategy Officer Ian De Bode joined @JillMalandrino to discuss why major banks and other financial institutions are ready to move their financial services on chain. Watch the full video: spr.ly/6016F2IIQ

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Read more about Ondo Finance

🏛️ Tokenization Goes Institutional

🏛️ Tokenization Goes Institutional

**Major institutions moved tokenization from pilot to production this week:** - **UK launches 54-firm taskforce** - BlackRock, Goldman Sachs, JPMorgan, and Morgan Stanley join HM Treasury initiative targeting £33B annual output by 2035 - **GENIUS Act framework complete** - Federal agencies finalized stablecoin rules covering capital, reserves, and redemption standards - **Tokenized RWA market nears $35B** - Nearly tripled year-over-year across treasuries, credit, and equities - **Ondo joins DTCC initiative** - First tokenized stocks based on DTC tokenized entitlements, alongside BlackRock and J.P. Morgan - **SBI Group partnership** - Ondo to tokenize Japanese assets with JPYSC stablecoin settlement From London to Washington to Tokyo, tokenization infrastructure is being built by the institutions that run traditional finance.

Ondo Finance Launches 24/7 Trading for Tokenized Stocks and ETFs

Ondo Finance Launches 24/7 Trading for Tokenized Stocks and ETFs

**Traditional market hours are becoming obsolete.** While Wall Street closes at 4 PM on Fridays, Ondo Finance now offers continuous trading access to major stocks and ETFs. **Key offerings:** - Six tokenized assets trading 24/7 on PancakeSwap (BNB Chain) - Available products: SPY (S&P 500), QQQ (Nasdaq 100), NVDA (Nvidia), TSLA (Tesla), GOOGL (Alphabet), and CRCL (Circle) - Trading continues through weekends and holidays **The shift:** Investors can now access major equity exposure outside traditional market hours, removing time constraints from stock trading.

Ondo Finance Partners with SBI Group to Tokenize Japanese Assets

Ondo Finance Partners with SBI Group to Tokenize Japanese Assets

Ondo Finance has partnered with SBI Group, a major Japanese financial institution, to tokenize Japanese assets and distribute them across SBI's ecosystem. **Key Details:** - Settlement will use the JPYSC stablecoin - SBI Group manages over $200 billion in assets - Partnership aims to connect Japan's capital markets to onchain finance Ondo CEO Ian De Bode noted that Japan represents one of the world's most sophisticated capital markets, with SBI at its center. SBI's CEO Yoshitaka Kitao recognized Ondo as a global leader in real-world asset tokenization. This follows SBI's 2025 partnership with Chainlink for similar tokenization initiatives. Full details: [ondo.finance/blog](https://ondo.finance/blog/ondo-partners-with-sbi-group)

Ondo Tokenized Stocks Now Indexed on RWA Inc

Ondo Tokenized Stocks Now Indexed on RWA Inc

Ondo Finance's complete range of tokenized stocks is now available on RWA Inc's index platform. This follows Ondo's June integration with Uniswap, which brought their tokenized stocks and ETFs to one of the largest decentralized exchanges. The company continues expanding access to real-world assets through blockchain infrastructure. **Key Development:** - Full catalogue of Ondo's tokenized equities now searchable and trackable via RWA Inc - Builds on growing momentum for tokenized securities in decentralized finance The move represents another step in making traditional financial instruments accessible through onchain platforms.

Ondo Finance Discusses Tokenization Infrastructure at WebX Tokyo

Ondo Finance Discusses Tokenization Infrastructure at WebX Tokyo

**Ondo Finance is participating in WebX 2026 in Tokyo**, where representative Ian Debode will join SBI Onchain's Kefei Lin for a fireside chat focused on building next-generation financial infrastructure. **Key Discussion Points:** - Development of tokenized financial rails - Infrastructure for digital asset integration - Collaboration between traditional finance and blockchain technology The conversation builds on Ondo's ongoing dialogue with major financial institutions, following similar discussions at Sibos with Deutsche Bank, Société Générale-Forge, and Euroclear. *Further updates expected from the Tokyo event.*

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