Yield

2026

Dollar

Ondo

<p><a href="https://x.com/Ondo" rel="noopener noreferrer nofollow">@Ondo</a> now has $4.02B in tokenized real-world assets (RWAs) in circulation, up 5.74% over the past 30 days, according to RWA.xyz data. That places Ondo Finance second among tokenization platforms, behind <a href="https://x.com/Securitize" rel="noopener noreferrer nofollow">@Securitize</a> at $4.3B.</p>
<h2 id="holders-and-transfer-volume-rise">Holders and transfer volume rise</h2>
<p>Over the same 30-day period, the number of holders rose 11.6% to 555,157. Monthly transfer volume jumped 38% to $2.47B, with 165,304 active addresses.</p>
<p>Transfer volume counts token movements between wallets, so it does not necessarily reflect new purchases, sales or fresh investor capital. The same caveat applies to active address counts, which are not a verified tally of individual investors, as analysis from <a href="https://insights4.vc/blog/the-state-of-onchain-real-world-assets-in-mid-2026/" rel="noopener noreferrer nofollow">Insights4.VC</a> notes.</p>
<h2 id="treasuries-still-anchor-the-total">Treasuries still anchor the total</h2>
<p>US Treasury products account for $3.0B of Ondo's total, while 408 tokenized stocks add $908.2M. The Treasury figure is consistent with a recent report by <a href="https://finance.yahoo.com/markets/crypto/articles/ondo-finance-says-total-value-205100806.html" rel="noopener noreferrer nofollow">Yahoo Finance</a>, which said RWA.xyz data ranks Ondo's tokenized Treasury holdings at $3 billion, higher than any other issuer. Ondo's Treasury offering includes USDY and OUSG. According to RWA.xyz, <a href="https://app.rwa.xyz/assets/USDY" rel="noopener noreferrer nofollow">USDY</a> is a tokenized note for non-US individuals and institutions, secured by short-term US Treasuries and bank demand deposits.</p>
<p>The growth comes as the wider sector gains institutional attention. The IMF's October 2026 Global Financial Stability Report names Ondo among the top tokenization platforms, alongside Securitize, Circle and Tether, <a href="https://www.thestreet.com/crypto/markets/imf-ranks-ondo-among-largest-tokenized-asset-issuers" rel="noopener noreferrer nofollow">TheStreet reported</a>. As of October 9, RWA.xyz reported about $39.02 billion in distributed asset value across the market, according to <a href="https://www.kucoin.com/blog/hk-rwa-tokenization-2026-liquidity-regulation" rel="noopener noreferrer nofollow">KuCoin</a>.</p>
<p>Competition is also building in tokenized equities. A DWF Labs report cited by CoinMarketCap put the tokenized equity market at $3.8 billion, up 483% since January, though Ondo's lead has narrowed as rivals gained share. Ondo's native token is <a href="https://x.com/search?q=%24ONDO&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$ONDO</a>.</p>
<h2 id="sources">Sources</h2>
<p><a href="https://finance.yahoo.com/markets/crypto/articles/ondo-finance-says-total-value-205100806.html" rel="noopener noreferrer nofollow">Yahoo Finance: Ondo Finance says total value locked has topped $4 billion</a></p>
<p><a href="https://www.thestreet.com/crypto/markets/imf-ranks-ondo-among-largest-tokenized-asset-issuers" rel="noopener noreferrer nofollow">TheStreet: IMF ranks Ondo among largest tokenized asset issuers</a></p>
<p><a href="https://app.rwa.xyz/assets/USDY" rel="noopener noreferrer nofollow">RWA.xyz: Ondo U.S. Dollar Yield (USDY)</a></p>

Ondo Finance’s tokenized assets climb past $4B

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