Ondo Finance reaches $1B in tokenized equities and $3.48B in total value locked

Ondo Finance has reached several significant milestones within the real-world asset (RWA) and decentralized finance (DeFi) sectors. The platform’s tokenized equities have surpassed $1 billion in total value, a threshold that analysts suggest signals the transition of tokenized equities from experimental products to durable infrastructure for institutional use, such as off-hours trading and collateralization.

Additionally, the platform’s total value locked (TVL) has reached $3.48 billion across eleven different blockchains. Ethereum remains the primary network for the ecosystem, hosting $1.88 billion of the total value. While the ONDO token has recently experienced price consolidation and a slight decrease in value, market observers are monitoring its ability to maintain support levels amid its multi-chain expansion.