Ondo Finance Dominates RWA Sector
Ondo Finance (ONDO) is leading the Real-World Asset (RWA) sector in transaction volume, significantly outperforming other RWA tokens, despite a market downturn.
According to IntoTheBlock, although Ondo’s transaction volume was low for most of the year, a noticeable surge began in late 2024. The token achieved its highest transaction volume among tracked RWAs, spiking to over 400 million in January 2025, but has since declined to below 300 million. Nevertheless, it remains ahead of competitors in the RWA space.
> “$ONDO is dominating the RWA space, posting the highest transaction volume and significantly outperforming other tokens, even in the current sluggish market”
> — IntoTheBlock (@intotheblock) February 19, 2025
This increase in transaction activity aligns with key developments at Ondo Finance. Notably, on February 5, the company announced a major update to its Ondo Global Markets platform, facilitating the blockchain integration of U.S. securities including stocks, bonds, and exchange-traded funds. Currently, the platform offers global exposure to over 1,000 securities listed on the NYSE and Nasdaq.
Data from RWA.xyz indicates steady growth in the global market for tokenized real-world assets, with significant contributions from major players like BlackRock. Ondo Finance holds a $650 million market share within the $3.5 billion tokenized U.S. Treasuries market.
Company Overview
Founded in 2021, Ondo Finance is a U.S. technology company specializing in the tokenization of securities. The company claims nearly 40% of the global market share in tokenized securities and currently offers three tokenized products—OUSG, OMMF, and USDY—providing exposure to U.S.-based asset classes like U.S. Treasuries and money market funds.
Ondo Finance’s token ONDO is particularly attractive to large investors; 88% of the token’s market is held by large investors or ‘whales’, as reported by IntoTheBlock. In just the past week, ONDO saw $1.2 billion in transactions exceeding $100K.
As of this writing, ONDO’s price is $1.22, reflecting approximately a 4% rise in the last 24 hours.
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