Latest news with #OndoFinance
Yahoo
a day ago
- Business
- Yahoo
First-ever RWA tokenization ETF by Ondo Finance filed by 21Shares
First-ever RWA tokenization ETF by Ondo Finance filed by 21Shares originally appeared on TheStreet. 21Shares has submitted a Form S-1 with the U.S. Securities and Exchange Commission (SEC) on July 23 for an ETF tracking ONDO, the native token of Ondo Finance. If passed, it would also be the first US-based ETF targeted at a token that supports a real-world asset (RWA) tokenization platform. The filing—made under "21Shares Ondo Trust"—suggests a growing appetite among institutional investors for tokenized finance, with a focus on blockchain-based replicas of traditional financial products, in this case U.S. Treasuries. Earlier, on June 11, Ondo Finance launched tokenized US securities on the XRPL ledger via Ripple's Finance is one of the leading players in this space, offering tokenized Treasury products such as OUSG to enable crypto-native users to access stable, yield-bearing assets. The Ondo module is the governance token and incentive layer for the platform, providing access to future financial products within the ecosystem. According to the firm behind 21Shares, over $1.5 billion of U.S. Treasuries have been tokenized, and the firm is a significant part of that aggregate. The filing also comes at a time of a marked increase in interest in ETFs. Ethereum ETFs reported $533.8 million in inflows on a single day while cumulative net inflow stands at $8.32 billion, as per SoSoValue. Further, Bitcoin ETFs saw a cumulative inflow of $54.55 billion. The two trends—more people wanting to invest in crypto ETs, along with institutions wanting tokenized RWAs—could be the start of a shift in crypto ETFs investing in more than just BTC and ETH. First-ever RWA tokenization ETF by Ondo Finance filed by 21Shares first appeared on TheStreet on Jul 23, 2025 This story was originally reported by TheStreet on Jul 23, 2025, where it first appeared.
Yahoo
a day ago
- Business
- Yahoo
What is tokenization? Explained
What is tokenization? Explained originally appeared on TheStreet. Tokenization converts real‑world assets like cash or treasuries into blockchain tokens, enabling global, 24‑7 access and automated financial services. Tokenization may sound technical, but it follows a simple three‑step process. First, the real‑world asset is placed with a custodian — such as cash in a bank account or a fund of the U.S. Treasuries — and is immobilized so it cannot move in its traditional form. Second, a smart‑contract–driven token is issued on blockchain rails to represent the locked that token circulates freely on a blockchain network, giving holders digital claims on the underlying reserve. For cash, this process creates a stablecoin: each token is redeemable for $1, backed by an equal amount of cash held in reserve. 'You take cash in the real world, you put it into a bank account or a custodian, you make sure that it is immobilized then you issue a token on blockchain rails that represents or is backed by that cash,' said Ian De Bode, chief strategy officer at Ondo Finance, in an interview with TheStreet Roundtable. This same approach can apply to many asset classes. Tokenized treasuries function like stablecoins but reflect short‑term government debt. Tokenized public and private equities can offer fractional ownership. Even art, fine liquor or real estate can be represented as tokens — each one tied to a specific share of the underlying asset. How tokens enhance access and liquidity Once on‑chain, tokens gain powerful new attributes. They settle atomically — every transaction finalizes instantly — and operate 24‑7, unlike traditional financial markets that often shut down outside business hours. 'Blockchain rails operate 24‑7, every single transaction settles atomically,' De Bode explained. Because tokens travel globally, they open assets to a much wider audience. Many investors outside the U.S. have struggled to access the dollar or Treasuries; tokenization simplifies that process. Investors can send tokens anywhere in the world, at any time, without waiting for banking hours or dealing with cross‑border payment delays. Programmable finance with smart contracts A defining feature of tokens is programmability. Tokens can plug into smart contracts — self‑executing code that carries out predefined actions without human intervention. In decentralized finance (DeFi), stablecoins power liquidity pools, while tokenized collateral can automatically secure loans at preset loan‑to‑value example, a tokenized Treasury fund might deposit tokens into a smart contract that provides margin lending. When the contract's conditions are met, it immediately disburses liquidity. 'To tap into that 24‑7 DeFi ecosystem, you need an asset that's tokenized and can actually engage with these smart contracts,' De Bode said. Key risks for investors Despite its benefits, tokenization carries risks. First, investors must ensure tokens are truly backed by underlying assets held in a regulated custodian account. There have been instances where on‑chain tokens represented only synthetic exposure, not actual reserves — creating significant counterparty risk. Second, holding a token does not always confer direct legal rights to the underlying asset. Many stablecoins today grant only a claim against the issuer, not a binding right to redeem the actual reserve. Ondo Finance addresses this by issuing tokens as debt instruments, giving holders a 'senior secured claim against the underlying,' De Bode noted. Investors should carefully review disclosures on reserve audits, custody arrangements and legal rights before buying tokenized assets. Proper transparency can make token holding 'as good as or close to holding the underlying,' De Bode said. Ondo Finance's innovation Ondo has led several industry firsts. It launched the first peer‑to‑peer transferable tokenized treasury fund — later emulated by larger firms — and introduced USDY, a quasi‑permissionless fund that pays yield while offering enhanced protections. De Bode said Ondo's next move is an upcoming global markets platform for tokenized stocks and ETFs. By understanding tokenization's mechanics, benefits and pitfalls, investors can better navigate this emerging financial frontier. As De Bode emphasizes, the technology itself is straightforward — but proper backing, legal clarity and smart‑contract safeguards are essential for unlocking its full potential. What is tokenization? Explained first appeared on TheStreet on Jul 23, 2025 This story was originally reported by TheStreet on Jul 23, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 days ago
- Business
- Yahoo
Ondo Finance brings tokenized U.S. Treasury to Sei Network
Ondo Finance brings tokenized U.S. Treasury to Sei Network originally appeared on TheStreet. Ondo Finance announced its tokenized Treasury Bill product, USDY, on the Sei Network on July 17. The Sei Network is an ultra-fast Layer 1 blockchain, and its integration with USDY marks an important milestone for the decentralized finance (DeFi) ecosystem, linking real-world assets with high-performance on-chain infrastructure. USDY, with a total value locked (TVL) of more than $680 million across various blockchains, offers a 4.25% annual percentage yield (APY) that's refreshed on a monthly basis. The product will allow non-U.S. retail and institutional investors to utilize stablecoin utility, coupled with returns from investing in short-term U.S. Treasuries, while providing traditional investor safeguards. This is beneficial to investors as conventional bank savings accounts often offer less than 1% APY. However, with Ondo's USDY, they can achieve significantly higher returns."By bringing USDY to Sei, we're combining an institutional-grade product with a next-generation execution layer," said Nathan Allman, CEO of Ondo Finance. "This enables capital-efficient use cases for protocols, developers, and users alike." The Sei Network is a high-performance choice for the digital asset markets, with parallel execution and shutter-like speed. TVL on the network recently surpassed $670 million, representing an 821% year-over-year growth. "Ondo Finance is setting the standard for real-world asset tokenization," said Justin Barlow, Executive Director at the Sei Development Foundation. "USDY represents the kind of high-quality, composable yield primitive that will unlock new possibilities for onchain applications." Now, the integration is meant to improve access to tokenized U.S. Treasury exposure while supporting Sei's mission to become the leading Layer-1 platform for institutional-grade DeFi products. Treasury Bills are regarded as one of the safest investments in the world since they are guaranteed by the United States government. Tokenizing these assets makes them available to worldwide investors, giving a consistent, low-risk return, which is uncommon in turbulent cryptocurrency markets. Ondo Finance brings tokenized U.S. Treasury to Sei Network first appeared on TheStreet on Jul 17, 2025 This story was originally reported by TheStreet on Jul 17, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
17-07-2025
- Business
- Zawya
Bitget loins Ondo's Global Markets Alliance to expand global access to over hundred tokenized RWAs
Bitget, the leading cryptocurrency exchange and Web3 company, has officially joined the Global Markets Alliance, a collaborative initiative designed to align industry standards and promote interoperability for tokenized securities by Ondo Finance. This alliance brings together top players across the digital asset ecosystem to accelerate the adoption and accessibility of tokenized real-world assets (RWAs), including tokenized stocks, ETFs, and more. As part of this partnership, Bitget users will soon be able to access over 100 tokenized U.S. equities, ETFs, and money market funds, expanding their investment universe beyond traditional crypto assets. The new offerings will go live on Bitget later this summer, aligning with the platform's vision of enabling users to trade smarter and build diversified, resilient portfolios across varied markets. Tokenized RWAs are an emerging segment in digital assets, created by the fusion of traditional finance and blockchain technology. By wrapping real-world assets, like equities, into blockchain-based tokens, they allow for 24/7 trading, lower barriers to entry, fractional ownership, and global accessibility. Features that are often limited or entirely unavailable in traditional financial systems are widely utilized. 'Tokenization will be the major driver of the next phase of digital asset adoption; its market is projected to reach trillions of dollars in the coming years. Supporting tokenized stocks is a step closer to our goal to help users trade smarter,' said Gracy Chen, CEO at Bitget. 'Through our partnership with Ondo and the Global Markets Alliance, we're contributing to a more global, liquid, accessible, and inclusive financial market.' Ondo's Global Markets Alliance was created to bring together trusted infrastructure partners, exchanges, custodians, and DeFi platforms to unlock borderless access to high-quality financial products. Its mission is to build a more open, inclusive, and interoperable financial system powered by tokenized assets. Founding members of the alliance include industry leaders such as Solana Foundation, LayerZero, Jupiter, Trust Wallet, Rainbow Wallet, BitGo, Fireblocks, 1inch, Alpaca, and now Bitget, among others. 'Bringing Ondo's tokenized stocks and ETFs to Bitget will represent a significant step forward in our mission to make global financial markets accessible onchain. Bitget's expansive user base will become a critical platform for onchain access to US equities as we continue building the infrastructure for institutional-grade onchain capital markets.' — Nathan Allman, CEO & Founder, Ondo Finance With over 700 tokens listed and daily trading volume surpassing 3.5 billion USDT, Bitget ranks as the third-largest spot exchange globally according to CoinGecko. The addition of tokenized stocks and ETFs enable Bitget as an extensive ecosystem of crypto products, helping users navigate both digital and traditional assets.
Associated Press
17-07-2025
- Business
- Associated Press
Bitget Joins Ondo's Global Markets Alliance to Expand Global Access to Over Hundred Tokenized RWAs
VICTORIA, Seychelles, July 17, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has officially joined the Global Markets Alliance, a collaborative initiative designed to align industry standards and promote interoperability for tokenized securities by Ondo Finance. This alliance brings together top players across the digital asset ecosystem to accelerate the adoption and accessibility of tokenized real-world assets (RWAs), including tokenized stocks, ETFs, and more. As part of this partnership, Bitget users will soon be able to access over 100 tokenized U.S. equities, ETFs, and money market funds, expanding their investment universe beyond traditional crypto assets. The new offerings will go live on Bitget later this summer, aligning with the platform's vision of enabling users to trade smarter and build diversified, resilient portfolios across varied markets. Tokenized RWAs are an emerging segment in digital assets, created by the fusion of traditional finance and blockchain technology. By wrapping real-world assets, like equities, into blockchain-based tokens, they allow for 24/7 trading, lower barriers to entry, fractional ownership, and global accessibility. Features that are often limited or entirely unavailable in traditional financial systems are widely utilized. 'Tokenization will be the major driver of the next phase of digital asset adoption, its market is projected to reach trillions of dollars in the coming years. Supporting tokenized stocks is a step closer to our goal to help users trade smarter,' said Gracy Chen, CEO at Bitget. 'Through our partnership with Ondo and the Global Markets Alliance, we're contributing to a more global, liquid, accessible, and inclusive financial market.' Ondo's Global Markets Alliance was created to bring together trusted infrastructure partners, exchanges, custodians, and DeFi platforms to unlock borderless access to high-quality financial products. Its mission is to build a more open, inclusive, and interoperable financial system powered by tokenized assets. Founding members of the alliance include industry leaders such as Solana Foundation, LayerZero, Jupiter, Trust Wallet, Rainbow Wallet, BitGo, Fireblocks, 1inch, Alpaca, and now Bitget, among others. 'Bringing Ondo's tokenized stocks and ETFs to Bitget will represent a significant step forward in our mission to make global financial markets accessible onchain. Bitget's expansive user base will become a critical platform for onchain access to US equities as we continue building the infrastructure for institutional-grade onchain capital markets.' — Nathan Allman, CEO & Founder, Ondo Finance With over 700 tokens listed and daily trading volume surpassing 3.5 billion USDT, Bitget ranks as the third-largest spot exchange globally according to CoinGecko. The addition of tokenized stocks and ETFs enable Bitget as an extensive ecosystem of crypto products, helping users navigate both digital and traditional assets. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world's most thrilling championships. Risk Warning: A photo accompanying this announcement is available at
