WiremarketsBrief
Ondo Claims $4B in Tokenized Assets as RWA Market Gains Institutional Depth
Ondo Finance says its tokenized real-world-asset products have crossed $4 billion in value, with 484 distinct assets and more than 565,000 onchain holders. The figures appear in a corrected November 5 company announcement citing RWA.
Brief
Ondo Finance says its tokenized real-world asset offerings now total more than $4 billion, covering 484 distinct assets and over 565,000 holders recorded onchain. The numbers appear in a company announcement dated November 5 that was later corrected, and they draw on data supplied by RWA.xyz. Based on that provider's measurements, Ondo ranks first among 203 platforms by market capitalization of its tokenized products, representing roughly one tenth of non-stablecoin real-world asset value. The ranking excludes stablecoins and uses the provider's own asset and platform classifications. The company's figures are not the same as its revenue, balance sheet cash, single-day net inflows or ONDO token trading volume. Because product value shifts with prices and redemptions, the figure is a snapshot on a particular date. The provider's coverage or categories could also change the standings.
Why it matters: The scale reported by Ondo offers a concrete measure of how large tokenized real-world assets have become, with definitions shaping any ranking.
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