Ondo Now Controls A Quarter Of The Tokenized Market

@OndoFinance has cemented itself as the dominant force in the tokenized real-world asset (RWA) market, with the total value of tokenized assets on-chain jumping from around $6 billion to more than $31 billion between early 2025 and May 2026. Within that expanding sector, Ondo now holds an outsized slice, accounting for more than 25% of the total tokenized asset market according to analytics platform Artemis, with its tokenized portfolio reaching $4.9 billion as of June 3.

A Platform Built on Institutional Partnerships

Ondo's Global Markets platform now offers more than 260 tokenized U.S. stocks and ETFs across Solana, Ethereum, and BNB Chain, with each token fully backed by the underlying security held inside a U.S.-registered broker-dealer and tracking total return including dividends. The platform's rise has been underpinned by a string of high-profile institutional tie-ups. In May 2026, Ondo completed the first-ever cross-border redemption of tokenized U.S. Treasuries with J.P. Morgan, Mastercard, and Ripple, settling in under five seconds. Franklin Templeton has tokenized five of its ETFs through Ondo, while Broadridge partnered with Ondo to bring proxy voting on-chain for holders of more than 250 tokenized stocks and ETFs.

The DTCC has also brought Ondo into its tokenized securities consortium alongside BlackRock and Goldman Sachs, with production trades set to begin in July 2026. On the regulatory front, Ondo has secured approval to offer tokenized stocks and ETFs across 30 European countries in the EU and EEA, opening the platform to more than 500 million additional investors.

Sector Growth Points to Structural Shift

The numbers behind Ondo's rise reflect a broader acceleration in institutional adoption of tokenized financial products. Tokenized real-world assets grew from approximately $6 billion to $31.4 billion between early 2025 and May 2026, driven largely by institutional demand, with U.S. Treasury products and money market funds dominating the category. The sector's growth is considered structural rather than speculative, driven by cost reduction, 24/7 settlement, and regulatory frameworks that are finally providing legal clarity for on-chain securities.

Ondo's own trajectory underlines the pace of change. Ondo Global Markets became the largest tokenized equity platform in the world within 48 hours of its September 2025 launch and crossed $1 billion in total value locked within eight months. The broader tokenized asset market has grown 47% year to date, a pace that far outstrips traditional equity benchmarks. Ondo's chief executive Ian De Bode has projected the tokenized stock market alone could reach $2.5 to $3 billion by year-end, reflecting the platform's current expansion trajectory and upcoming product pipeline.

Sources:
TheStreet: Ondo Finance exec sees tokenized stocks hitting $3B by year-end
Yellow.com: Tokenized RWAs Grew From $6B To $31B
Finextra: Tokenized Real-World Assets, Reading the 2026 Numbers