Ondo Finance

**Major institutional adoption accelerates** as tokenized RWAs hit $30B market size, up 4x in two years. **Key developments:** - **Revolut** secured MiCA license for crypto services across 30 European markets - **JPMorgan** plans global Bitcoin/Ether collateral program by end-2025 - **BlackRock COO**: $4.5T in digital wallets will access traditional instruments - **DRW CEO**: Every frequently-traded instrument will be onchain within 5 years Institutional conviction grows as executives predict tokenization's inevitable expansion into mainstream markets.

**Major financial players are coordinating** a significant shift toward blockchain-based assets. **Trillions in capital** are transitioning to onchain infrastructure as traditional finance embraces tokenization. This alignment among industry leaders signals: - Institutional confidence in blockchain technology - Growing demand for digital asset infrastructure - Potential for mainstream adoption acceleration **The movement represents** one of the largest capital migrations in recent financial history, with established institutions leading the charge rather than following crypto-native companies.

**Tokenized real-world assets (RWAs) have reached a $30 billion market**, representing nearly 4x growth over the past two years according to a16z's State of Crypto 2025 report. **Key market segments driving growth:** - Private credit dominates with $15.5B in active loans - Tokenized Treasuries account for $7.4B, up 500% year-over-year - Gold tokenization shows $2.1B in proven adoption **Ondo Finance has tokenized over $1.8 billion** in RWAs, establishing itself as a major player in the space. While the total RWA market appears large at $300B, **92% consists of stablecoins**. Non-stablecoin RWAs represent just $25B - still only 0.01% of global financial assets despite 2x annual growth. **The sector faces real challenges:** - Most projects rely on trust assumptions they claim to eliminate - Regulatory frameworks remain unclear for public tokenized securities - Data and oracle infrastructure gaps persist However, **genuine adoption is concentrated** in three proven categories: private credit offering 9.7% yields, programmable Treasury yields serving as DeFi collateral, and 24/7 tradeable gold. RWAs are evolving into crypto's yield layer through reliable infrastructure rather than speculative tokenization of everything.

**Major financial leaders are making bold predictions about blockchain adoption in traditional markets.** - DRW Trading CEO Don Wilson and BlackRock COO Rob Goldstein believe **every frequently traded instrument will be onchain within 5 years** - This follows BlackRock CEO Larry Fink's recent statements calling tokenization "the next frontier" for asset management - The vision encompasses **tokenizing all asset classes** - from real estate to equity to bonds **The shift represents a move toward more open, efficient, and accessible markets.** BlackRock, the world's largest asset manager, sees this transformation as inevitable rather than speculative. Tokenized assets are already gaining traction through various platforms offering exposure to US Treasuries, stocks, and ETFs. The executives' timeline suggests **mainstream adoption is accelerating faster than many anticipated**. This convergence of traditional finance leaders around blockchain technology signals a significant shift in how markets may operate in the near future.

**PancakeSwap joins the Global Markets Alliance**, becoming part of a **30+ member coalition** working to standardize how tokenized stocks and ETFs operate onchain. The leading BNB Chain DEX processes **billions in daily trading volume** and brings significant liquidity infrastructure to the alliance. The coalition focuses on: - Aligning standards for tokenized traditional assets - Creating frameworks for onchain stocks and ETFs - Building transparent, efficient global markets This partnership strengthens the alliance's mission to bridge traditional finance with decentralized infrastructure through standardized protocols.

**Massive Traditional Finance Opportunity** U.S. capital markets represent enormous value: - $28 trillion in U.S. Treasuries - $69 trillion in U.S. stocks - $13 trillion in U.S. ETFs **Ondo's Blockchain Bridge** Ondo Finance positions itself as the pathway to bring these traditional assets onchain. The company previously pioneered tokenized U.S. Treasuries and now aims to expand access to stocks. **Market Context** With over $110 trillion in combined traditional assets, only a small fraction currently exists in tokenized form on blockchain networks.

**Policy leaders from major institutions gathered at DC Fintech Week** to discuss the future of tokenized markets, with Ondo's regulatory chief joining panels alongside Chainlink, Coinbase, and European Commission representatives. **Key infrastructure needs identified:** - Data integrity and cross-chain interoperability - Privacy solutions and compliance frameworks - Identity verification systems as the "next unlock" **Regulatory landscape shifting rapidly:** - Trump administration working to bring crypto activity back to U.S. - Competition heating up between U.S. and EU approaches - While MiCA gave Europe early advantage, U.S. companies now refocusing domestically **The consensus emerged clear:** *permissionless blockchains will prevail* due to their inclusion capabilities, and the infrastructure for tokenized markets is being built now. Industry leaders agreed that **identity solutions represent the critical next step** for institutional adoption of tokenized assets.

**Former TD Ameritrade CEO Joe Moglia made bold predictions** about the future of traditional finance during a CNBC appearance. Moglia stated that within 5 years, every stock, option, mutual fund, and ETF will be tokenized on blockchain infrastructure. **Key points from his statement:** - Wall Street 2.0 is being built on Ethereum - Complete tokenization of traditional financial instruments expected - Timeline: 5 years for full transformation The **Ondo Summit 2026** will focus on these tokenization trends, bringing together industry leaders shaping this transition. Applications are now open for those interested in attending the summit.

Franklin Templeton released research identifying three key drivers for digital asset adoption: - **Broader market access** expanding investment opportunities - **Rising institutional participation** from traditional finance - **Increasingly favorable regulation** creating clearer frameworks The report draws parallels between today's digital asset landscape and the early internet era, highlighting similar growth patterns and adoption curves. **Demographic and technological tailwinds** are positioning the sector for significant expansion, according to the analysis. Franklin Templeton emphasizes that the coming financial transformation will be fundamentally **onchain**, not just digital. [Read the full report](https://www.franklintempleton.com/tools-and-resources/literature/info/DA-CFCB)

**Ondo Finance has completed its acquisition of Oasis Pro**, gaining the most comprehensive set of SEC registrations for digital asset services in the United States. **Key regulatory licenses acquired:** - SEC-registered broker-dealer status - Alternative Trading System (ATS) license - Transfer agent (TA) license - FINRA and SIPC membership **What this enables:** - Tokenization of real-world assets (RWAs) - Primary offering marketplace for tokenized securities - Secondary trading system for public and private tokenized securities - Coverage for REITs, structured products, and privately placed securities The acquisition positions Ondo to develop regulated markets for tokenized securities as the market is predicted to exceed $18 trillion by 2033. **Important regulatory note:** Only Oasis Pro Markets LLC operates as the registered broker-dealer. Other Ondo entities remain separate and are not covered by SIPC insurance. [Read full announcement](https://ondo.finance/blog/ondo-acquires-oasis-pro)