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2025-02-20 08:16:31

Ondo Finance dominates the RWA sector in transaction volume

Ondo Finance dominates the real-world asset sector in transaction volume, outpacing other RWA tokens, despite the current market downturn. Ondo Finance ( ONDO ) is leading the RWA sector in terms of transaction volume, significantly outperforming other RWA tokens in recent months, according to IntoTheBlock . While its transaction volume was relatively low for most of the year, a noticeable surge began in late 2024, with the token reaching the highest transaction volume among those tracked. In Jan. 2025, this volume spiked to over 400 million but has since fallen to below 300 million, though it still remains well ahead of other tokens 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 pic.twitter.com/j7KV79dL1K — IntoTheBlock (@intotheblock) February 19, 2025 This growth in transaction activity comes alongside other key developments at Ondo Finance. Most notably, on Feb. 5, Ondo Finance announced a major update to its Ondo Global Markets platform to bring U.S. securities, such as stocks, bonds, and exchange-traded funds onto the blockchain. The platform currently offers global exposure to over 1,000 securities listed on the NYSE and Nasdaq. Data from RWA.xyz shows steady growth in the global market for tokenized real-world assets over the past year, with major players like BlackRock contributing to a total value of over $17 billion. Ondo holds a $650 million market share within the $3.5 billion tokenized U.S. Treasuries market. You might also like: Agent A.I., Ondo Finance could deliver massive returns Founded in 2021, Ondo Finance is a U.S. technology company that specializes in the tokenization of securities. The company claims to hold nearly 40% of the global market share in tokenized securities. It currently offers three tokenized products—OUSG, OMMF, and USDY—that provide exposure to the U.S.-based asset classes like US Treasuries and money market funds. Ondo Finance’s token ONDO is particularly attractive to large investors, with whales holding 88% of the token’s market, according to IntoTheBlock data . Over the past seven days alone, the token saw $1.2 billion in transactions exceeding $100K. As of the time of writing, ONDO’s price stands at $1,22, up by approximately 4% in the last 24 hours. You might also like: Tokenized RWAs go onchain as Ondo Finance launches institutional L1 blockchain

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