Ondo (ONDO) — Onchain News & Whale Tracking

Bitcoin has pulled back, triggering sharp declines in altcoins. Q dropped over 23%, while ONDO and NEAR each fell more than 13%.

According to HTX market data, as Bitcoin pulled back below $83,000, altcoins saw sharp declines. Specifics include: Q trades at $0.022159, down 23.07% in 24 hours; INX at $0.0057, down 21.52%; QNT at $207.12, down 20.39%; FARTCOIN at $0.1623, down 15.60%; USELESS at $0.22742, down 14.86%; SEI at $0.07364, down 13.90%; RAY at $1.8417, down 13.83%; ONDO at $0.4964, down 13.72%; ARB at $0.19367, down 13.33%; and NEAR at $4.604, down 13.07% over the same period.

A whale holding ONDO for 30 days has accumulated over $2 million in unrealized profits.

According to TradingBeats monitoring, as ONDO rallied around 25.5% in the past 24 hours, the unrealized profit on the ONDO long position held by Hyperliquid address 0xc63a has hit roughly $2.125 million, and the address has not yet cut its position. The address opened 13.2188 million ONDO long positions over roughly two hours between the evening of August 21 and the early hours of August 22, at an average entry price of approximately $0.3921. The position has remained unadjusted for over a month since then, with its current value standing at around $7.309 million, and ONDO’s price having risen roughly 41% from its entry cost. Earlier, the address traded ETH long positions between August 20 and 22, logging a total realized profit of about $2.51 million. While taking partial profits on ETH, the address established the aforementioned ONDO long positions.

ONDO breaks through $0.57, surging over 33% in 24 hours.

According to HTX market data, ONDO has broken through $0.57, currently trading at $0.578, with a more than 33% gain in the past 24 hours. In related developments, on September 24, Ondo announced a partnership with BlackRock to launch a tokenized "smart portfolio", allowing holders to access professional portfolio exposure via a single on-chain token.

ONDO breaks through $0.51, with its 24-hour price rally expanding to over 22%

Per HTX market data, the positive momentum from Ondo’s partnership with BlackRock to launch a tokenized “smart portfolio” continues to build, driving ONDO past $0.51, with its 24-hour gain expanding to over 22%. The development: Ondo and BlackRock have partnered to roll out a tokenized “smart portfolio” that grants exposure to professional investment portfolios via a single on-chain token.

ONDO Surges in Short-Term Trading, Breaks Through $0.47.

According to HTX market data, ONDO has rallied in the short term, breaking above $0.47, with its 24-hour gain expanding to over 7%. The price movement comes amid news that Ondo has partnered with BlackRock to launch a tokenized "smart portfolio", which allows users to gain exposure to professional investment portfolios through a single on-chain token.

ONDO partners with BlackRock to launch a tokenized "smart portfolio" that allows exposure to professional investment portfolios via a single on-chain token.

According to official announcements, Ondo Finance has launched a new on-chain product category: "Ondo Intelligent Portfolios", presented as a single transferable on-chain token that grants non-US qualified investors access to professionally designed portfolio exposure via one single on-chain token. The three portfolio tokens launched today are all built on portfolio strategies custom-developed by BlackRock for Ondo, targeting three core investment needs: - BLKHIon: Ondo High Income Powered by BlackRock (high-yield strategy) - BLKDIGon: Ondo Diversified Growth Powered by BlackRock (diversified growth strategy) - BLKGRWon: Ondo High Growth Powered by BlackRock (high-growth strategy) Ondo Intelligent Portfolios will also unlock a suite of new capabilities, including an automatically executed rebalancing mechanism at the smart contract level, programmatically composable portfolios that integrate with the broader on-chain economy, and the ability to combine multiple asset classes within a single token. Holding these portfolio tokens provides economic exposure to the portfolio’s underlying asset basket. Each portfolio token is issued by Ondo Global Markets and tokenized by Ondo Finance. Investors only need to mint or redeem the single token to hold a basket of weighted tokenized assets, eliminating the need to individually purchase, weight, or rebalance separate positions. Holdings, weights, and every rebalancing event are visible in real time on-chain, and the tokens can be freely transferred peer-to-peer between wallets, trading platforms, and DeFi protocols. Ondo plans to continuously expand this product line going forward, rolling out additional on-chain portfolio products.

ONDO partners with BlackRock to launch tokenized smart portfolios

According to market reports, ONDO has partnered with BlackRock to launch tokenized "smart portfolios".

Ondo Stocks Launches Integration with NEAR Intents

Ondo Finance announced that its tokenized securities platform Ondo Stocks has launched on the NEAR mainnet and integrated NEAR Intents. The first batch of offerings includes 20 tokenized U.S. stocks, ETFs, and commodity-related products, such as equities of Tesla, NVIDIA, and Apple, plus the QQQ, gold, and silver ETFs. Eligible users can access these assets via the NEAR mainnet and leverage NEAR Intents to distribute them to wallets and applications connected to the network. The NEAR mainnet supports access to over 30 blockchains. Ondo noted that its tokenized securities platform boasts a total value locked (TVL) exceeding $1 billion, with cumulative trading volume surpassing $26 billion.

Ondo rolls out physical conversion feature for stocks and tokenized assets.

According to official announcements, Ondo has announced that Ondo Stocks now supports physical conversion between underlying stocks, tokenized stocks, and ETFs, and has added a primary market issuance channel via Alpaca’s Instant Tokenization Network (ITN). Qualified institutions can use their existing stock assets to mint corresponding Ondo Stocks tokens, or redeem tokens to receive the underlying stocks. Specifically, after an institution initiates minting, its held underlying stocks are transferred via internal bookkeeping from an Alpaca account to Ondo’s Alpaca account, after which the corresponding tokens are issued on supported blockchains; the redemption process follows the reverse steps. This mechanism eliminates the need for manual approval for each transaction, making it easier for institutions to convert between traditional stock assets and on-chain tokenized assets, and is expected to boost secondary market liquidity for Ondo Stocks and narrow bid-ask spreads. Currently, this feature is only available to institutions approved by Alpaca, and is not a universal function of Ondo Stocks. Participating institutions must hold valid accounts with both Ondo and Alpaca, and complete the relevant onboarding and approval processes; the conversion function is now live on Ethereum and BNB Chain.

Hyperliquid’s fully diluted valuation (FDV) surpasses Nasdaq and the London Stock Exchange.

According to market data from BIT (bit.com), Hyperliquid's fully diluted valuation (FDV) has surpassed that of the Nasdaq and London Stock Exchange.

FT: Former Huobi founder Li Lin sells London mansion for £190 million

According to a Financial Times report, former Huobi founder Li Lin recently sold The Holme, a luxury mansion in London’s Regent’s Park, for approximately ￡190 million. Li purchased the property in 2024 for ￡139 million; after holding it for nearly two years, he realized a paper profit of around ￡51 million. The Holme features 40 bedrooms and roughly four acres of private gardens, and has long been leased to the UK’s Crown Estate. The seller’s identity had remained undisclosed prior to the transaction, and Li’s actual ownership stake was not reflected in UK public property registries. Li founded cryptocurrency exchange Huobi in 2013 and sold his stake in the firm in 2022. His family office, Avenir Group, is headquartered in Hong Kong and focuses on digital asset investments. Li is currently the largest shareholder of crypto wealth management group Bitfire Group, holding a 30% stake.

London Stock Exchange Platform to Launch UK Tokenized Equity Structures, Partner with Payward

The London Stock Exchange (LSE) has announced plans to launch tokenized equity structures in the UK, and has partnered with financial infrastructure platform Payward to explore how regulated market infrastructure and native digital distribution models can support the development of a tokenized public equity market. The initiative aims to expand access to capital markets while preserving shareholder rights, investor protections, and governance standards in existing public markets. The partnership will focus on researching digital wallet interactions, connections between on-chain ecosystems and traditional regulated capital markets, and exploring the application of public and private blockchains in securities markets while meeting regulatory requirements such as anti-money laundering (AML) and operational resilience. Additionally, the London Stock Exchange plans to list and trade xStocks on its 24-hour trading platform LSE 24 in 2027, subject to regulatory approval.

Caixin: Part of the funds involved in Star Bridge Capital’s London gold margin call incident were deposited via USDT, making it more difficult for investors to recover their funds.

According to Caixin, Star Bridge Capital (SBCFX) has suffered an abnormal liquidation incident in London Gold trading. After the incident, the platform’s Hong Kong office is now deserted, leaving some investors facing huge losses. Multiple investors revealed that their automated London Gold (XAUUSD) derivative trades on Star Bridge Capital encountered extreme abnormal activity on the evening of August 19: the system automatically generated massive reverse short orders in just 1 to 3 seconds, followed by a rapid rise in international gold prices, leading to collective account liquidations—some accounts were wiped out entirely, while others even showed negative balances. London Gold liquidation refers to the trading risk where, due to a position direction opposite to gold price movement and leverage amplifying losses, an investor’s account available margin is exhausted and falls below the maintenance margin ratio, resulting in forced liquidation by the platform and total loss of principal. Affected investors estimate the incident involves approximately 2,000 to 3,000 people, including a large number of mainland Chinese investors. Currently, some investors have filed reports with Hong Kong police, demanding the platform refund 70% of their principal in accordance with its previously promised rule of “maximum loss of 30%”. Some investors noted that Star Bridge Capital offered up to 500x leverage, and some funds were deposited via USDT stablecoins, which has increased the difficulty of tracking the funds. Public information shows that Star Bridge Capital’s business scope covers foreign exchange, commodities, indices, cryptocurrencies, etc., and it publicly claims to be a licensed and compliant international trading platform. (Caixin)

Ondo team-linked addresses deposited $4.42 million worth of ONDO into Coinbase within 10 hours.

According to on-chain analyst Ai Yi (@ai_9684xtpa), two multi-sig addresses linked to the Ondo team have deposited tokens worth $4.42 million into Coinbase over the past 10 hours. The addresses have allegedly sold $29.94 million worth of ONDO over the last 30 days, and currently still hold $12.68 million worth of ONDO on-chain.

London-based AI cloud infrastructure firm Nscale plans to hold an IPO in the US in September, with its second-quarter revenue climbing to over $100 million.

According to people familiar with the matter, London-based AI cloud infrastructure company Nscale is informing potential investors that its total contracted revenue stands at approximately $51 billion, and it plans to hold its initial public offering (IPO) in the U.S. as early as September 2026. In its presentations to potential investors, Nscale disclosed its growth trajectory: its revenue surged to over $100 million in the second quarter of 2026, a sharp rise from around $37 million in the first quarter and roughly $33 million for the full year of 2025. Nscale had previously operated on a relatively small revenue scale; the size of its contracted contracts disclosed ahead of this IPO, along with its accelerated quarterly revenue growth, will serve as key benchmarks for the market to assess its valuation.

Mother of late Ondo Finance founder files lawsuit seeking to take control of the company.

Kathleen Allman, mother of late Ondo Finance founder Nathan Allman, has filed a lawsuit with the Delaware Court of Chancery, seeking to take control of the company and remove Ian De Bode from his positions as CEO and President. The complaint alleges that after Nathan Allman’s death, De Bode acted publicly in his capacity as CEO without board approval and attempted to establish control over the firm. Kathleen Allman claims that as the personal representative of Nathan Allman’s estate, she holds the company’s controlling voting rights, and intends to restructure the board of directors and remove De Bode on that basis. In response, De Bode called the allegations “unfounded,” adding that the company continues to receive support from key stakeholders, major investors, and the Ondo Foundation.

Ondo Finance is evaluating a potential acquisition, with a value ranging from $250 million to $500 million.

According to sources, tokenized asset protocol Ondo Finance is evaluating a potential acquisition worth between $250 million and $500 million.

Ondo Abandons Independent Public Blockchain Roadmap, Launches New Execution Network to Build On-Chain Architecture with Exchange-Grade Performance

Ondo Finance has announced the launch of its new Ondo Network, a high-performance execution layer designed to combine centralized exchange (CEX)-level transaction speed with the non-custodial, secure settlement capabilities of blockchain. Ondo CEO Ian De Bode stated that the Ondo Network is an evolved version of the original Ondo Chain plan. The company will not operate two separate networks; instead, it has adjusted its roadmap from building a full blockchain to focusing on an execution layer architecture. According to the introduction, Ondo initially planned to comprehensively tokenize real-world assets (RWAs) via Ondo Chain. However, after developing the Ondo Perps perpetual contract trading platform and communicating with users, the company found that the core bottleneck in the current market is not asset settlement, but transaction execution efficiency. The Ondo Network adopts a modular architecture that separates execution, validation, and settlement. It uses secure hardware-isolated execution environments to boost transaction speed while retaining key blockchain features: user self-custody of assets, verifiable transactions, and permissionless access. Currently, Ondo Perps is the first application built on this network, supporting 24/7 trading of perpetual contracts for stocks and commodities, and allowing tokenized real-world assets to be used as collateral. Ondo added that the network will also support other high-performance, privacy-protective, verifiable execution applications in the future, such as spot trading, lending, and structured products. Additionally, the launch of Ondo Network will not change the positioning of the ONDO token. The CEO said that ONDO will remain the governance and incentive token for Ondo’s RWA ecosystem and market infrastructure. As the network gradually decentralizes, ONDO will be used to coordinate the incentive mechanisms for validators, observers, and other ecosystem participants.

Ondo announced its subsidiary Oasis Pro Markets has secured U.S. regulatory approval to launch a tokenized securities market and services.

Ondo Finance announced that its SEC-registered broker-dealer subsidiary, Oasis Pro Markets, has secured U.S. regulatory authorization to launch a tokenized securities market and services in the U.S. The authorization covers over-the-counter trading, primary market underwriting, private placements, and other related activities.

Ondo Perps Launches Tokenized Stock Collateralization Feature

According to official announcements, Ondo Perps has launched a tokenized stock collateral feature, allowing all users to use Ondo Finance’s tokenized stocks as valid collateral assets for perpetual contract trading. The first supported assets include tokenized versions of the S&P 500 ETF (SPYon) and Nasdaq 100 ETF (QQQon). Ondo noted that its perpetual contract platform has processed over $3.8 billion in trading volume. As traders’ demand grows for on-platform hedging, deep liquidity, tight spreads, low slippage, exchange speeds comparable to centralized exchanges (CEXs), and 24/7 trading, the on-chain stock derivatives market is expanding rapidly. The tokenized stock collateral mechanism allows traders to gain exposure to other markets without locking funds in stablecoins or selling existing assets, thereby improving capital efficiency. This feature is part of Ondo’s "Productive Capital" strategy, designed to gradually align the liquidity and capital efficiency of tokenized stocks and stock perpetual contracts with those of traditional derivatives markets. The company added that the current trading and margin infrastructure built on tokenized assets is just the beginning of a broader on-chain prime brokerage ecosystem, with plans to launch additional markets, liquidity products, and innovative features in the future.

The London Stock Exchange announced plans to launch an overnight trading service in 2027.

London Stock Exchange announced plans to launch an overnight trading service in 2027, allowing investors to trade outside regular market trading hours.

An address linked to the Ondo team transferred 26.05 million ONDO tokens to Coinbase, worth approximately $9.79 million.

According to monitoring by crypto analytics account Ai Yi, an address linked to the Ondo team transferred 26.05 million ONDO tokens to Coinbase, worth approximately $9.79 million. The address received 150 million ONDO from the Ondo team’s multi-sig address on June 23, held the tokens for nearly a month, and transferred a portion to Coinbase 11 hours ago. The operation follows a similar pattern to prior moves: team address transfer → address holding → transfer to exchange platform, though the specific purpose of this action remains unclear.

Ondo Perps' trading volume has surpassed $2 billion within 48 hours of its launch.

According to official sources, Ondo announced that the cumulative trading volume of its Ondo Perps public beta exceeded $2 billion within the first 48 hours after its launch.

Ondo Perps officially launches, supporting up to 20x leverage for stock perpetual contracts.

Ondo Perps has officially launched, offering up to 20x leverage on stock perpetual contracts, allowing tokenized stocks to be used as collateral, and providing rewards of up to $3 million. Ondo Perps noted that Ondo Technology has previously advanced the development of tokenized stocks, and its perpetual contract market now covers assets including oil, gold, silver, Intel, AMD, Meta, Tesla, Apple, Circle, NVIDIA, Oracle, Netflix, DRAM, Micron, the US 100, US 500, SpaceX, Palantir, Amazon, Strategy, Alphabet, Coinbase, Microsoft, and Robinhood, supporting permissionless, 24/7 trading. Ondo Perps claims to be the first platform to allow tokenized stocks as collateral, and is currently open to Pre-Alpha users. RWA perpetual contracts can be traded on the platform, which aims to deliver liquidity and capital efficiency comparable to traditional derivatives trading platforms. Ondo Perps stated that traders can deploy large amounts of capital, execute complex strategies, and manage risks on a single platform, free from the expiration dates and closing times of traditional derivatives venues. The platform is currently open to global users, excluding those in the U.S., Panama, and other restricted jurisdictions.

Ondo will launch stock perpetual contracts today, supporting up to 20x leverage.

Ondo Perps tweeted that it will launch stock perpetual contracts today (Beijing Time), supporting up to 20x leverage.

Ondo: Over 430 tokenized stocks and ETFs have been listed on Uniswap.

Ondo Finance announced that its tokenized securities platform Ondo Global Markets has officially integrated with decentralized exchange Uniswap. Currently, over 430 tokenized stocks and ETFs are tradable on Ethereum and BNB Chain via Uniswap and the UniswapX API. Following this integration, eligible users can directly trade tokenized assets of stocks including SpaceX, Tesla, NVIDIA, Apple, Microsoft, Amazon, as well as ETFs like QQQ and SPY on the Uniswap interface. The trades are powered by UniswapX, which features optimal liquidity routing, MEV protection, and gasless execution. Additionally, wallets, protocols, and applications that have integrated the UniswapX API can support Ondo Global Markets' tokenized stocks and ETFs without extra development. Ondo noted that since its launch in September 2025, Ondo Global Markets has covered over 430 tokenized stocks and ETFs, with total value locked (TVL) exceeding $1 billion and cumulative trading volume surpassing $20 billion. The integration with Uniswap will further enhance the liquidity and composability of tokenized US equities in the DeFi ecosystem.

Ondo Launches 24/7 Minting and Redemption Services for Tokenized Stocks

Ondo announces the official launch of 24/7 instant minting and redemption services for U.S. tokenized stocks and ETFs. Previously, the platform only offered minting and redemption windows 24 hours a day, five days a week (24/5). Following this upgrade, eligible users can mint or redeem supported tokenized assets at current market prices at any time, including weekends and U.S. public holidays. The first batch of assets supporting 24/7 instant minting and redemption includes six tokenized stocks: SPYon, QQQon, CRCLon, NVDAon, TSLAon, and GOOGLon. These assets are now live on Ethereum and BNB Chain, with Solana support set to launch soon.

Ondo Partners with South Korea's Largest Asset Management Company, Mirae Asset, to Advance On-Chain ETF Products

June 16 — Official sources confirm that Ondo Finance has announced a partnership with Mirae Asset, South Korea’s largest asset management firm. The collaboration will enable on-chain tokenization of Global X ETFs from Mirae’s Global X ETF series, leveraging Ondo Global Markets’ platform. This marks the first time a major Asian asset management institution has brought its existing ETF products to a blockchain, opening up on-chain investment access to these assets. Under the agreement, Mirae Asset becomes the first Asian asset management company to list its ETFs on the blockchain. The initial batch includes 10 Global X ETFs focused on themes like artificial intelligence and technology, blockchain and digital assets, robotics and space innovation, lithium and silver, defense technology, and covered call option income strategies. Both parties emphasized that the asset management industry is undergoing a structural transformation driven by tokenization, noting that future capital market in

Exodus Teams Up with Ondo to Launch Exodus Markets, Supporting Over 200 Tokenized Stocks and ETFs

June 12 – Cryptocurrency wallet company Exodus (NYSE: EXOD) has announced a partnership with Ondo Finance to launch Exodus Markets. Users can now directly trade more than 200 tokenized stocks, ETFs, and real-world assets on Solana through Exodus, including Exodus’ own stock token.

Ondo Hires Former Invesco ETF Head to Lead Its Tokenized Investment Product Business

June 11: Ondo Finance has tapped John Hoffman, a former Invesco ETF executive, to lead its tokenized investment portfolio business. Hoffman joins the firm as Managing Director and Head of Product Portfolios, bringing over from his previous role as Head of Distribution and Partnerships at Grayscale Investments. His primary focus will be building and rolling out tokenized investment portfolios—including collaborative projects with asset management firms and strategies centered on Ondo’s existing product offerings.

Ondo Perps will launch on June 9th

According to official sources, Ondo Perps announced on June 2nd that it is set to launch on June 9th. This marks the first perpetual contract platform built specifically for Real World Assets (RWA).

Ondo Finance to Launch RWA Perpetual Contract Platform Ondo Perps

June 2, Ondo Finance CEO Ian De Bode announced that Ondo Perps will launch in the coming weeks. Ondo Perps is the first perpetual contract platform built specifically for Real World Assets (RWA).

Ondo Finance founder Nathan Allman tragically passed away, with President Ian De Bode stepping in as CEO

May 26 – Ondo Finance announced that its founder and CEO Nathan Allman passed away unexpectedly. In a statement, the company paid tribute to Allman, saying: “Nate’s talent, humility, and execution have shaped the Ondo we know today. He always believed technology could build a more open, accessible financial system — a vision that will continue to guide all our future work.” Ondo added that it has a seasoned management team in place, with longtime President Ian De Bode stepping in as the new CEO. The firm noted De Bode has led the company’s strategy, product, and day-to-day operations for more than two years, and has the full support of its entire management team.

A certain trader has longed 4.58 million ONDO in the past hour, equivalent to $2.1 million

Per LookOnChain monitoring on May 22nd, trader 0xf01d opened a 5x leveraged long position of 4.58 million ONDO tokens — approximately $2.1 million — within the past hour.

ONDO Breaks Above $0.46, Surging Over 15% in 24 Hours

May 22, per HTX market data, ONDO surged past $0.46, currently trading at $0.465, with a more than 15% jump over the past 24 hours. This ONDO rally comes as news of the China Securities Regulatory Commission (CSRC) stepping up its crackdown on illegal cross-border operations by institutions including Tiger Brokers has escalated, with market participants zeroing in on real-world assets (RWA) and concepts like on-chain equities.

Strict Regulation Leads to 7% Short-Term Surge in ONDO as Cross-Border Brokerages Are Targeted, Trader Reports 170% Weekly Gain

May 22, per HTX market data, Ondo Finance’s native token ONDO — a leading project in the Real World Assets (RWA) sector — experienced a sharp short-term surge of 7.3% to hit a high of $0.44 before pulling back to $0.427. The token has also rallied 29% from its recent low over the past five days. This sudden price jump followed news that China’s Securities Regulatory Commission (CSRC) is cracking down on illegal activities, including unregulated cross-border operations by wirehouses. Per HyperInsight’s monitoring, a Hyperliquid trader opened a long position on ONDO six days ago, allocating $68,000 in capital when the token traded at roughly $0.36. As of press time, that position holds $117,000 in unrealized gains, amounting to a 173% return. Wallet Address: 0xd28e005c992b168d0b20fca312958e105bb260ab

The Ondo project's multisig wallet has transferred a total of over 328 million ONDO tokens to exchanges such as Coinbase in the past 2 months, equivalent to approximately $98.42 million.

May 19 – On-chain analyst Yu Jin’s monitoring reveals that over the past two months, the Ondo project team’s multi-signature wallet transferred more than 328 million ONDO tokens (valued at $98.42 million) to exchanges including Coinbase.

Ondo: Tokenized Stock TVL Surpasses $1.5 Billion, with Top Asset Concentration Around 25%

On May 18th, Ondo Finance announced via social media that the Total Value Locked (TVL) of its tokenized stocks has surpassed $1.5 billion and continues to climb. Within its Ondo Global Markets platform, the current top five most actively traded assets include: Circle Tokenized Asset, S&P 500 ETF, Micron Technology, NVIDIA, and the tokenized version of BlackRock’s iShares Bitcoin Trust (IBIT). Data indicates these five asset classes collectively make up roughly 25% of the tokenized stock sector, signaling the market is rapidly converging on a hybrid framework of "US Stocks + ETFs + Crypto Assets" while expanding its on-chain mapping scale to the traditional U.S. stock market.

Binance Wallet Launches ONDO Tokenized Security 'Double-Free' Campaign: Zero Service Fee, Zero On-Chain Gas Fee

Binance announced on May 18 that Binance Wallet will host a "Double Free" event for ONDO tokenized securities. During the event period, users who transact eligible ONDO tokenized securities on the BSC network via Binance Wallet will qualify for both zero service fees and zero on-chain gas fees. The event runs from 12:00 UTC on May 18, 2026, through 12:00 UTC on June 18, 2026. According to the announcement, all ONDO tokenized US stock assets currently supported on Binance Wallet are covered, including but not limited to: AAPLon (Apple), TSLAon (Tesla), NVDAon (NVIDIA), AMZNon (Amazon), QQQon (Nasdaq ETF), GLDon (Gold ETF), as well as any ONDO tokenized US stock assets that will be added during the event or later on.

TradFi Trading Frenzy, Leading the RWA Sector, ONDO Surges Over 80% in the Past Month

May 11th — Per HTX Market Data, leading RWA project ONDO continued climbing Wednesday, briefly topping $0.46. The token’s 24-hour price change is 8.36%, with a monthly gain standing at 80.7%. DefiLlama figures show trading volume for ONDO-issued tokenized assets has surged over the past month. On May 6th, total DEX trading volume on its network hit $74.73 million—marking a new high since April and edging closer to its March peak.

Multiplier RWA Boosts ONDO to Lead Market, DTCC Tokenized Asset Trading to Launch in July

May 9th — Per HTX market data, Ondo Finance’s native token ONDO led gains in the market Wednesday. As a real-world asset (RWA) tokenization DeFi platform, the surge is backed by several recent bullish developments, with the most notable being an announcement from the Depository Trust & Clearing Corporation (DTCC) earlier this month. The DTCC announced the formation of an industry working group, selecting Ondo to help advance tokenization in U.S. capital markets. The firm also plans to launch limited trading of tokenized assets in July. Ondo will collaborate with traditional and decentralized finance (TradFi/DeFi) players including BlackRock, Goldman Sachs, JPMorgan Chase, Franklin Templeton, Morgan Stanley, Bank of America, Citadel Securities, NYSE, Circle, Fireblocks and Robinhood on the initiative. On the business front, Ondo Global Markets has expanded its tokenized U.S. stock and ETF offerings to over 260 assets—primarily targeting non-U.S. investors—with cumulative tokenized

Mastercard, JPMorgan Chase, Ripple, and Ondo have completed a cross-border settlement trial for tokenized government bonds.

May 8 — Payment giants Mastercard, investment bank JPMorgan, blockchain payment firm Ripple, and tokenization platform Ondo have completed a cross-border tokenized government bond settlement experiment linking public blockchains with traditional banking systems. The initiative aimed to bridge the "last mile" between public chains and banks’ closed systems, exploring how tokenized assets like U.S. Treasury bonds can enable near-real-time settlement for bank consortia in real cross-border scenarios. Notably, the collaboration does not involve any single cryptocurrency; instead, it focuses on real-world asset (RWA) tokenization and the integration of institutional decentralized finance (DeFi) with traditional financial infrastructure.

Ondo Joins DTCC Industry Working Group to Participate in Designing Tokenization Standards for the U.S. Capital Markets

On May 4, the Depository Trust & Clearing Corporation (DTCC) announced the formation of an industry working group to advance tokenization of the U.S. capital markets, per official sources. Ondo has been selected to join the group, collaborating with firms including BlackRock, Goldman Sachs, JPMorgan Chase, Franklin Templeton, Morgan Stanley, Bank of America, Citadel Securities, the New York Stock Exchange, Circle, Fireblocks, Robinhood, and other players across traditional finance (TradFi) and decentralized finance (DeFi). With over $114 trillion in assets under custody and $37 trillion in annual clearing volume, DTCC is developing a tokenization service to move core U.S. market processes onto blockchain. DTCC President and CEO Frank La Salla noted: “We believe tokenization will transform market operations significantly, delivering new levels of liquidity, transparency, and efficiency for investors.”

Pantera Capital sent out 83.9 million ONDO tokens, worth $22.11 million

As of May 1, per EmberCN monitoring, Pantera Capital—Ondo’s lead investor—transferred 83.9 million ONDO tokens (valued at $22.11 million) five hours ago, a move that could signal an upcoming sale. The recipient address of these tokens from Pantera previously received 34.28 million ONDO tokens (valued at $42.52 million a year prior) from Ondo’s multisig address, and later transferred the tokens in batches to Coinbase Prime.

UK FCA Raids to Tackle Illegal Crypto Trading: Raids 8 London Locations, Strengthens Anti-Money Laundering Enforcement

**April 22nd (Reuters) — The UK’s Financial Conduct Authority (FCA) has conducted a joint raid alongside tax authorities and law enforcement on eight suspected illegal peer-to-peer (P2P) cryptocurrency trading platforms in London, issuing cease-and-desist orders to the involved entities. This marks the FCA’s first joint enforcement action with multiple agencies targeting such activities.** The FCA stated that evidence gathered during the operation supports multiple criminal investigations, focusing on potential money laundering and terrorist financing activities. The regulator emphasized that unregistered P2P crypto trading platforms may be exploited by criminals to move and hide funds, noting there are currently no FCA-registered P2P crypto traders in the UK. Industry experts note this move signals a shift in UK regulation—from issuing policy statements to taking substantive enforcement action—suggesting similar crackdowns may intensify going forward. Under the current framework

The Ondo team has transferred $34 million worth of tokens to a new wallet, sparking concerns of a potential sell-off.

On April 22, per monitoring from onchainschool.pro, the Ondo team transferred $34 million worth of tokens to a new wallet. Historically, such transactions are typically followed by a gradual move of tokens to a centralized exchange (CEX) and a subsequent sustained price drop.

Ondo team multisig has recently deposited 116 million ONDO to a CEX, worth over $30 million

As of April 10, monitoring by @EmberCN shows that roughly 116 million ONDO tokens (valued at $30.21 million) have been transferred from Ondo Finance’s multi-sig wallet to Coinbase over the past month and a half. @EmberCN noted: “Nearly every week, about 20 million ONDO tokens are sent to a multi-sig wallet, then broken down into multiple transfers to Coinbase in the following days.”

F2Pool Co-Founder Wang Chun: Sells 7 BTC from Thai Condo Bought for 2900 BTC in 2015

On March 31, F2Pool co-founder Wang Chun took to social media to share: "Back in 2015, I used 2,900 bitcoins to buy an apartment in Naklua—northern Pattaya, Thailand. It was my first home ever. I only lived there for about two years before relocating to Bangkok, then Seoul, and later Europe. This was also the spot where I personally built and launched our Zcash mining pool. Just yesterday, I sold that apartment for 7 bitcoins. Life goes on, and I’ll miss Pattaya."

Wang Chun: The Pattaya condo purchased in 2015 for 2900 BTC has been sold for 7 BTC

On March 31, F2Pool co-founder Wang Chun shared that in 2015, he bought an apartment in Naklua—north of Pattaya—using 2,900 bitcoins. It was his first ever home. At the time, many Chinese miners were still riding the early crypto market boom and hadn’t yet faced the subsequent regulatory crackdown, while Wang first experienced true freedom in Pattaya. It was also there that he built and launched the Zcash mining pool himself. Yesterday, he sold the same apartment for 7 bitcoins.

Ondo Tokenized Stock to be Listed on Bitget Spot Trading

On March 17, Bitget announced that tokenized stocks and ETFs backed by Ondo Finance will list on the platform’s spot market across its Innovation Zone, Stock Zone, and ETF Zone. Featured assets include major U.S. stocks like Tesla, Nvidia, Apple, Google, Microsoft, Amazon, Meta, and AMD; index ETFs such as SPY, IVV, QQQ, IWM, and ITOT; and gold- and silver-linked assets—expanding users’ cross-market allocation options. These assets were previously available in Bitget’s on-chain trading products. Ondo and its subsidiaries hold U.S. SEC-registered Broker-Dealer and ATS licenses, enabling compliant securities issuance. Bitget CEO Gracy Chen noted the partnership will bring global core stocks, indexes, and precious metal assets to the spot trading space, addressing users’ demand for diversified allocation and trading. Bitget was among the first mainstream platforms to support Ondo’s tokenized assets, once representing 90% of total Ondo-related trading volume. Ondo Finance President I