# Ondo Finance expands assets and engages US regulators > Live situation record from CLSTR: https://clstr.news/situations/ondo-finances-tokenized-stock-platform-surpasses-1-billion-total-value-locked > Updated: 2026-09-11T07:00:08.000Z. Sources: 53. Developments: 21. Since May 2026, Ondo Finance has expanded its tokenized asset ecosystem, reaching over $1 billion in tokenized equities and $3.48 billion in total value locked (TVL) across eleven blockchains. Ethereum remains the primary network, hosting $1.88 billion of the total value. Strategic integrations have expanded user access, including a partnership with RoqquPay for 2 million users and the integration of Ondo assets into KuCoin’s Alpha platform, featuring products like NVDAon and MUon. As the platform scales, it has engaged in regulatory advocacy. Ondo submitted comment letters to the SEC and CFTC requesting that regulators permit perpetual futures tied to US-listed stocks to trade domestically. The firm argues that “nothing in the statutory definition of a security futures product requires a fixed expiration date.” This follows the success of its Panama-based affiliate, Ondo Global Panama Inc., which recorded approximately $8 billion in cumulative trading volume via Ondo Perps by mid-August. Despite market growth, the project faces internal governance and supply risks. Following the death of founder Nathan Allman in May, his estate filed legal challenges in Delaware contesting the authority of Ian De Bode. Additionally, the ONDO token has undergone periods of technical consolidation, with market observers monitoring price support levels and potential supply impacts from token unlocks and exchange deposits. ## Claims - Ondo Finance manages approximately $927 million in tokenized stock assets. (corroborated by 2 sources) - ONDO has a market capitalization of $1.64 billion. (corroborated by 2 sources) - A price breakout could lead to a target of $0.667. (corroborated by 2 sources) - The estate of founder Nathan Allman filed three Delaware court filings challenging the authority of Ian De Bode. (single source) - Analyst Crypto Patel identifies a possible reaccumulation structure above long-term demand. (single source) ## Timeline ### 2026-09-11: Ondo Finance and FLOQ partner to bring tokenized U.S. stocks to Indonesia Ondo Finance and FLOQ signed an MoU to explore bringing tokenized U.S. stocks and ETFs to eligible users in Indonesia via FLOQ’s regulated digital asset platform. 2 sources. https://clstr.news/cluster/ondo-finance-and-floq-partner-to-bring-tokenized-us-stocks-to-indonesia ### 2026-09-02: Ondo Finance urges US regulators to allow stock perpetuals Ondo Finance is urging US regulators to permit onchain stock perpetual futures under existing security futures rules, citing high trading volumes from its offshore platform. 2 sources. https://clstr.news/cluster/ondo-finance-urges-us-regulators-to-allow-stock-perpetuals ### 2026-08-15: Ondo Finance reaches $1B in tokenized equities and $3.48B in total value locked Ondo Finance has reached $1 billion in tokenized equities and $3.48 billion in total value locked across eleven blockchains, signaling growing institutional interest in real-world asset tokenization. 9 sources. https://clstr.news/cluster/ondo-finance-reaches-1b-in-tokenized-equities-and-348b-in-total-value-locked ### 2026-08-13: Ondo Finance leads tokenized stock market amid governance disputes Ondo Finance leads the tokenized stock sector with $927 million in assets, even as the ONDO token faces technical consolidation and legal governance disputes in Delaware. 5 sources. https://clstr.news/cluster/ondo-finance-leads-tokenized-stock-market-amid-governance-disputes ### 2026-08-11: KuCoin achieves ISO certification and integrates Ondo tokenized assets KuCoin has achieved ISO 22301:2019 certification for business continuity and integrated Ondo tokenized stocks and ETFs into its KuCoin Alpha platform. 8 sources. https://clstr.news/cluster/kucoin-integrates-ondo-tokenized-stocks-into-kucoin-alpha ### 2026-08-10: Ondo Finance expands tokenized stock access via RoqquPay Ondo Finance has integrated Ondo Stocks with RoqquPay, expanding tokenized equity access to 2 million users amid ONDO price consolidation and recent large token deposits into Coinbase. 5 sources. https://clstr.news/cluster/ondo-finance-expands-tokenized-stock-access-via-roqqupay ### 2026-07-31: Ondo Finance launches tokenized stocks as collateral for futures trading Ondo Finance opened tokenized stocks and ETFs as collateral for its Perps platform, letting traders use assets like SPY and QQQ for futures, cutting capital needs by up to half and boosting market‑maker returns 3 sources. https://clstr.news/cluster/ondo-finance-launches-tokenized-stocks-as-collateral-for-futures-trading ### 2026-07-27: Ondo Finance wins FINRA approval as tokenized securities wallets surpass one million Ondo Finance’s Oasis Pro Markets secured FINRA approval, letting it offer tokenized stocks and funds in the U.S. as wallet holders for digital securities top one million and assets exceed $34 bn. 2 sources. https://clstr.news/cluster/ondo-finance-secures-finra-approval-as-tokenized-asset-wallets-top-onemillion ### 2026-07-25: Ondo Finance partners with Japan's SBI Group to boost Asian tokenisation ONDO token rebounds after breakout, trading at $0.3853; Ondo Finance and Japan's SBI Group partner to tokenise Japanese assets on blockchain, targeting $0.665 price. 6 sources. https://clstr.news/cluster/ondo-finance-partners-with-japans-sbi-group-to-boost-asian-tokenisation ### 2026-07-23: Ondo Finance's Oasis Pro Markets Secures US SEC and FINRA Approval for Tokenized Stocks Ondo Finance’s Oasis Pro Markets received SEC and FINRA authorization to offer tokenized equities and funds to U.S. investors, becoming the first large‑scale broker‑dealer to link traditional assets with crypto 2 sources. https://clstr.news/cluster/ondo-finances-oasis-pro-markets-gains-sec-and-finra-approval-for-us-tokenized-securities ### 2026-07-17: Ondo Finance token activity surges as DTCC and SBI partnerships kick in Ondo Finance’s ONDO token activity rose sharply after DTCC tokenization and a SBI partnership, while a linked wallet moved 26 M tokens ($9.8 M) to Coinbase, adding to a larger influx of 116 M tokens. 2 sources. https://clstr.news/cluster/ondo-finance-token-activity-surges-as-dtcc-and-sbi-partnerships-kick-in ### 2026-07-07: Ondo Finance launches tokenized US equity perpetual futures, up to 20x leverage Ondo Finance launched Ondo Perps, a platform for tokenized U.S. equity, ETF and commodity perpetual futures with up to 20× leverage for eligible non‑U.S. traders, competing with Kraken and Coinbase offerings. 6 sources. https://clstr.news/cluster/ondo-finance-launches-tokenized-us-equity-perpetual-futures-up-to-20x-leverage ### 2026-07-02: Ondo Finance launches SEC‑regulated tokenized BlackRock ETF and Micron stock on Ethereum Ondo Finance tokenized BlackRock’s iShares Core S&P 500 ETF and Micron stock on Ethereum under the SEC’s custodial framework, granting investors full shareholder rights via Broadridge. 5 sources. https://clstr.news/cluster/ondo-finance-tokenizes-blackrock-etf-and-micron-stock-on-ethereum-under-sec-framework ### 2026-06-22: Allfunds and Ondo Global Markets Expand Tokenized Funds and Stocks on Solana, Ethereum Allfunds partnered with Solana to bring €1.8 trillion of tokenized funds on‑chain, while Ondo Global Markets, via Li.Fi, added tokenized US stocks and ETFs on Ethereum and BNB Chain, with Solana support planned 2 sources. https://clstr.news/cluster/allfunds-and-ondo-global-markets-expand-tokenized-funds-and-stocks-on-solana-ethereum ### 2026-06-18: Ondo Finance adds 173 tokenized stocks, boosting listings to over 430 Ondo Finance added 173 new tokenized stocks and ETFs, taking its on‑chain listings to more than 430 across Ethereum, Solana and BNB Chain, covering AI, robotics, quantum and defense sectors. 2 sources. https://clstr.news/cluster/ondo-finance-adds-173-tokenized-stocks-boosting-listings-to-over-430 ### 2026-06-14: Exodus wallet expands into tokenized assets with Exodus Markets launch on Solana Exodus and Ondo Finance launched Exodus Markets on Solana, offering over 200 tokenized stocks and ETFs within the Exodus wallet, expanding the platform beyond crypto. 2 sources. https://clstr.news/cluster/exodus-wallet-expands-into-tokenized-assets-with-exodus-markets-launch-on-solana ### 2026-06-12: Roqqu teams up with Ondo Finance to broaden tokenized asset market Roqqu and Ondo Finance partner to expand tokenized real‑world assets, targeting emerging markets and aiming to close the gap between traditional and blockchain‑based financial products. 2 sources. https://clstr.news/cluster/roqqu-partners-with-ondo-finance-to-expand-tokenized-asset-access ### 2026-06-12: Ondo Finance and Exodus Launch 200+ Tokenized Assets on Solana Ondo Finance and Exodus introduced Exodus Markets, offering over 200 tokenized stocks and ETFs on Solana, amid rising market size and regulatory scrutiny. 3 sources. https://clstr.news/cluster/ondo-finance-and-exodus-launch-200-tokenized-assets-on-solana ### 2026-06-02: Ondo Finance launches tokenized asset perpetual trading platform after CFTC approval Ondo Finance will launch Ondo Perps, a perpetual‑contracts platform for tokenized stocks, ETFs and commodities, offering up to 20x leverage after CFTC approval, as new CEO Ian De Bode expands the firm’s on‑line 3 sources. https://clstr.news/cluster/ondo-finance-launches-tokenized-asset-perpetual-trading-platform-after-cftc-approval ### 2026-05-19: Ondo token surges as SEC moves to approve tokenized equities Ondo token jumps up to 49% after SEC signals approval of tokenized equities. 3 sources. https://clstr.news/cluster/ondo-token-surges-as-sec-moves-to-approve-tokenized-equities ### 2026-05-14: Ondo Finance's tokenized stock platform hits $1 billion TVL Ondo Finance’s tokenized stock platform reaches $1 billion TVL, holding 70% of the market. 4 sources. https://clstr.news/cluster/ondo-finances-tokenized-stock-platform-hits-1-billion-tvl --- Cite as: Ondo Finance expands assets and engages US regulators. CLSTR, https://clstr.news/situations/ondo-finances-tokenized-stock-platform-surpasses-1-billion-total-value-locked