Ondo Aims to Transform Tokenized Assets Into a Full Prime Brokerage Stack
Ondo now leads in tokenized Treasuries and equities, holding 60% market share in tokenized stocks.
New Ondo Perps platform offers leveraged futures trading on tokenized US stocks outside the US.
Ondo Finance is working toward becoming a full-service prime brokerage for tokenized assets. The project plans to cover everything from execution to custody, financing, and collateral, all on-chain.
Speaking at the 2025 Ondo Summit, President Ian de Bode said the focus is no longer on building one-off products. Instead, the goal is to create the base infrastructure institutions will need as they move assets on-chain. The system operate saround the clock and settles trades in real time.
The first step in this plan is Ondo Perps, a platform for trading perpetual futures tied to US stocks, ETFs, and commodities. What sets it apart is that traders can use tokenized assets, not just stablecoins, as collateral. This is intended to increase capital flexibility and attract professional liquidity providers.
Meanwhile, the firm now has over $2 billion in tokenized US Treasuries, making it one of the most active players in that area. Its Global Markets platform for tokenized stocks and ETFs has reached about $600 million in total value locked, equating to an estimated 60% market share in tokenized equities. Despite this growth, tokenized assets remain a small portion of global financial markets. Ondo’s main focus is building infrastructure to support long-term adoption.
In addition, the company has been able to enter into collaboration with other major financial institutions, such as Mastercard and JPMorgan. These deals are aimed at linking blockchain systems to the current financial networks. Amy Hong, Head of Strategy at Goldman Sachs and ISDA Chair, said tokenization can improve how financial markets operate by making transactions faster and more efficient.
Goldman Sachs on tokenization:
“Tokenization has the potential to really improve operational efficiencies.”
Amy Hong, ISDA Chair and Goldman Sachs’ Head of Strategy, on tokenization making financial markets faster and more efficient. pic.twitter.com/XUzoiLJm3V
— Ondo Finance (@OndoFinance) February 6, 2026
Tokenization Adoption Picks Up Globally
The Ondo tokenized stock platform’s retail market has been growing steadily, particularly in Asia, and since the launch in September, it has recorded net inflows every other day. Binance Wallet access and a new MetaMask integration have boosted adoption in global markets.
Ondo has also launched over 200 tokenized US stocks and ETFs on the Solana blockchain, making it the largest tokenized stocks issuer on the network by asset count, overtaking long-time leader xStocks. The project has submitted a roadmap to the US Securities and Exchange Commission seeking clear rules for tokenized securities, as we reported. The project says regulation will be key as adoption increases and more institutions move assets on-chain.
Meanwhile, as of press time, the ONDO token is priced at around $0.25, recording an 8% gain in the past 24 hours. However, it has declined by more than 18% over the past week.
Filed under: Bitcoin - @ February 8, 2026 10:09 am