Home Ondo’s Tokenized Assets Reach $4B Across 10 Blockchain Networks

Ondo’s Tokenized Assets Reach $4B Across 10 Blockchain Networks

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Ondo’s Tokenized Assets Reach $4B Across 10 Blockchain Networks
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Ondo Finance has now crossed about $4 billion in tokenized value across 10 blockchain networks, according to data from RWA.xyz. At almost $2.1 billion, or more than half of the total, Ethereum has the largest share. Stellar is next with $536.8 million, followed by Solana at $456.7 million and BNB Chain at $429.7 million.The figures show how Ondo’s tokenized investment products are spreading across different blockchains instead of staying on just one network.

The remaining value is spread across Sei Network, XRP Ledger, Sui, Arbitrum, Aptos and Tempo. Sei accounts for about $259.3 million, while the XRP Ledger has $187.5 million. Sui has $14.3 million, followed by Arbitrum with $3.1 million, Aptos with $2.1 million and Tempo with about $801,200.

Ethereum’s lead is quite clear. Its $2.1 billion share is almost four times the amount held on Stellar, which has the second-largest figure. Solana and BNB Chain are also fairly close to each other.

The numbers come from RWA.xyz and represent the tokenized value linked to Ondo’s products on these networks. Tokenization allows traditional financial assets to be represented digitally on a blockchain. Ondo has been working to bring more investment products into this market.

Introducing Ondo Intelligent Portfolios

Source: ondo.finance

The company has also been adding new products. On September 24, Ondo Finance announced Ondo Intelligent Portfolios, which combines three investment portfolios into transferable tokens. The portfolios use allocation strategies provided by BlackRock.

There is an important point about BlackRock’s role, though. Ondo says BlackRock is not the adviser, manager, sponsor or distributor of these portfolios. BlackRock provides the allocation strategy, while Ondo creates and runs the products.

The new portfolios are available to eligible investors outside the US in jurisdictions where such products are permitted. Together with the latest $4 billion figure, the development shows Ondo continuing to expand its range of blockchain-based investment products across several networks.

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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