Decentralized Finance (DeFi) platform Ondo Finance experiences a surge in its token's value, fueled by the current excitement surrounding tokenization.
In the world of decentralized finance (DeFi), Ondo Finance is making waves with its recent developments. The DeFi-focused asset manager and tech firm has seen a significant surge in its token price and Total Value Locked (TVL) following its latest move into tokenized stocks and real-world assets.
Last week, Ondo launched tokenized versions of over 100 U.S.-listed stocks, Exchange-Traded Funds (ETFs), and other equities on Ethereum via its Global Markets platform. This move has added credibility to Ondo's push, as it aligns with BlackRock's recent plans to introduce ETFs onto public blockchains, a report published by Bloomberg on Wednesday revealed.
The token belonging to Ondo Finance has risen nearly 10% to $1.10 on Thursday, and this week, the token's gains have exceeded 21%. The rise in the token price is likely due to 'excitement around tokenized stocks,' according to Lai Yuen, an investment analyst at Fischer8 Capital.
Ondo Finance's TVL has tripled since the start of 2025, reaching $1.57 billion, according to DefiLlama data. The partnerships and advisors onboarded for Ondo's Global Markets have contributed to a $160 million increase in TVL over nine days.
Yuen predicts a long-term bullish outlook for Ondo Finance, suggesting that capturing 10% of the stock market could result in substantial fee generation for Ondo token holders. He believes that Ondo Finance's regulatory moat, strengthened by its advisory board, provides a durable long-term advantage that will be challenging for competitors to replicate.
The crypto market's bullish sentiment is being driven by the strong possibility of a Federal Reserve rate cut decision. The rise of Ondo Finance and its foray into tokenized stocks and ETFs is a testament to the growing interest in DeFi and the potential of blockchain technology in traditional finance.
Ondo Finance's advisory board includes institutions such as Coinbase Ventures, adding further credibility to the project. As the world of DeFi continues to evolve, Ondo Finance is positioning itself as a key player in the space, offering innovative solutions for tokenized assets.
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