Ondo Finance

**Tokenized Stocks Surge 60% in 30 Days** Tokenized stocks and ETFs are experiencing rapid adoption, with market cap growing **60% over the past month** according to RWA.xyz data. This growth coincides with the launch of **Ondo Global Markets**, demonstrating the potential when U.S. capital markets become accessible through tokenization. **Key developments:** - Significant market cap expansion in tokenized equities - Launch of major tokenization platform - Growing institutional and retail interest The surge reflects broader momentum in bringing traditional financial assets onchain, making previously restricted markets accessible to global investors through blockchain technology. This represents a shift from experimental tokenization to mainstream adoption of blockchain-based securities.

**Ondo Finance** has appointed **Peter Curley** as Head of Global Regulatory Affairs, bringing decades of policy experience from major institutions. **Key Background:** - Former roles at Coinbase, SEC, U.S. Department of Treasury - Experience at Hong Kong Exchanges & Clearing Ltd - Extensive financial policy expertise **Strategic Significance:** - Reinforces Ondo's commitment to regulatory leadership - Positions company for thoughtful policymaker engagement - Supports growth as tokenization transforms capital markets This appointment comes as real-world asset tokenization gains momentum and regulatory clarity becomes increasingly important for institutional adoption. [Read full details](https://blog.ondo.finance/ondo-finance-appoints-peter-curley-former-sec-treasury-and-coinbase-policy-leader-as-head-of-global-regulatory-affairs/)

**Ondo Global Markets** has achieved a significant milestone, reaching over **$100 million in total value locked (TVL)** within just one week. The platform has now become the **largest platform for tokenized stocks and ETFs**, marking a major achievement in the tokenized securities space. This rapid growth demonstrates increasing institutional and retail adoption of tokenized traditional financial instruments on blockchain infrastructure. The milestone represents substantial progress from Ondo's previous achievements in the tokenized asset management sector.

**Fidelity enters tokenization** with its new Digital Interest Token (FDIT), marking another institutional milestone in bringing traditional finance onchain. **Ondo Finance's OUSG serves as the sole anchor and largest investor** in Fidelity's tokenized fund. This partnership adds to OUSG's diversified portfolio of major asset managers. **OUSG has grown significantly** since its January 2023 launch: - Over $730M in total value locked - 24/7 instant subscriptions and redemptions - Multi-chain support across Ethereum, Solana, Ripple, and Polygon - Daily interest accruals with low fees **Portfolio now includes funds from leading institutions:** - BlackRock's BUIDL - Fidelity's FDIT - Franklin Templeton's BENJI - WisdomTree's WTGXX - Wellington Management and FundBridge Capital's ULTRA This expansion demonstrates growing collaboration between traditional finance and DeFi, with Ondo positioned as a central connector in the tokenized Treasury space. [Read the full blog post](https://blog.ondo.finance/fidelity-unveils-onchain-money-market-fund-anchored-by-ondo-finance/)

Federal Reserve Vice Chair for Supervision Michelle Bowman advocated for a more progressive regulatory stance on blockchain technology at the Wyoming Blockchain Symposium. Key points from her address: - Regulators should move past overly cautious approaches - **Blockchain benefits**: Enhanced speed, safety, and operational efficiency in financial systems - **Tokenization advantages**: More efficient asset transfers vs traditional methods - **Regulatory framework needs**: Transparent, balanced rules that support innovation while maintaining stability This marks a significant shift in regulatory tone from the Federal Reserve toward blockchain and cryptocurrency innovation.

Matt Blumberg, Head of DeFi at Ondo Finance, will present at the NextFin Summit during Ethereum NYC on Real World Assets and Retail Users. The presentation explores how **tokenization** and **DeFi infrastructure** create new global opportunities. The one-day summit brings together: - Financial institutions - Regulators - Crypto innovators Notable participants include Ethereum Foundation, Wormhole, Kraken, Optimism, Stripe, and others. *Time*: August 12, 1:55-2:20 PM ET *Location*: NextFin Summit, Ethereum NYC [Event Details](https://lu.ma/ozlqxrph)

Mark Janoff, General Counsel at Ondo Finance, will engage in a one-on-one conversation with SEC Commissioner Hester Peirce at CoinDesk's upcoming Policy & Regulation event. The discussion will focus on the evolving regulatory landscape for cryptocurrencies, building on Ondo's previous engagement with the SEC Crypto Task Force in April 2025. **Event Details:** - Date: Wednesday, September 10th - Time: 9:15 AM EDT - Location: Washington D.C. - Format: 1:1 conversation The event brings together public officials and industry leaders in legal, policy, and compliance roles to shape the future of crypto regulation.

A pivotal week for digital assets unfolded with several major developments: - The White House released its Digital Asset Report, outlining positions on crypto legislation - SEC Chair Paul Atkins launched Project Crypto to modernize securities regulation - JPMorgan Chase formed a strategic partnership with Coinbase, enabling direct bank-to-wallet connections - Coinbase announced plans for an Everything Exchange featuring tokenized assets, stocks, and derivatives These initiatives aim to position America as a leader in digital finance, with regulatory frameworks being modernized for blockchain technology. The changes signal a shift toward mainstream adoption of tokenized assets.

The Global Markets Alliance continues its expansion by welcoming Gate.io as its newest member. Key highlights: - Gate.io brings 10+ years of crypto exchange experience - Platform serves over 30 million users globally - Partnership aims to advance tokenization of traditional capital markets This addition follows the recent integration of Ripio, which strengthened the Alliance's presence in Latin America. The collaboration reinforces ongoing efforts to standardize tokenized markets and improve access to traditional financial instruments. *The Alliance continues to build momentum toward modernizing global financial infrastructure through strategic partnerships.*

The Global Markets Alliance continues its expansion into Latin America with several strategic partnerships: - **Ripio**, a crypto adoption leader with 10+ years of experience in LATAM, joins the alliance - **Mercado Bitcoin**, a major LATAM digital asset platform, strengthens the alliance's regional presence - **BNB Chain** integration will support 100+ tokenized US stocks, ETFs, and funds - **Bitget** users gain access to Ondo's tokenized assets The alliance aims to standardize tokenized markets globally and establish infrastructure for onchain capital markets. [Full BNB Chain announcement](https://blog.ondo.finance/bnb-chain-joins-ondo-global-markets/)