1/ Wall Street 2.0 is here.

Ondo Global Markets is now live, providing one of the largest-ever selections of tokenized U.S. stocks & ETFs onchain with the liquidity of traditional finance, starting on @Ethereum.

100+ assets now live, with hundreds more on the way. 2/ Ondo Global Markets launches with support from many of the world's leading applications and platforms, including:

Bitget Wallet (@BitgetWallet)
Trust Wallet (@TrustWallet)
OKX Wallet (@wallet)
Gate (@Gate)
Chainlink (@chainlink)
Bitget Global (@bitgetglobal)
Blockchain.com (@blockchain)
MEXC (@MEXC_Official)
LBank (@LBank_Exchange)
1inch (@1inch)
CoW Protocol (@CoWSwap)
Alpaca (@AlpacaHQ)
LayerZero (@LayerZero_Core)
Morpho (@MorphoLabs)
Gauntlet (@gauntlet_xyz)
BitGo (@BitGo)
Fireblocks (@FireblocksHQ)
Ledger Live (@Ledger)
Zodia (@ZodiaCustody)
CoinGecko (@coingecko)
CoinMarketCap (@CoinMarketCap)
RWA.xyz (@RWA_xyz)
Dune (@Dune)
Bird Eye (@birdeye_so)
Holdstation (@HoldstationW)
Fizen (@fizenapp)
imToken (@imTokenOfficial)
and more.

1/ Kinexys by J.P. Morgan (@jpmorgan), Ondo Finance, and @chainlink are teaming up to connect bank settlement infrastructure to Ondo Chain.

Today, we are excited to announce the debut transaction on Ondo Chain testnet — a cross-chain, atomic DvP settlement of OUSG. 2/ This milestone marks the the first use of Ondo Chain’s infrastructure, and is a first-of-its-kind cross-chain, atomic Delivery versus Payment (DvP) settlement of a tokenized asset (OUSG) between Kinexys Digital Payments’ permissioned blockchain network and a Layer 1 blockchain network (Ondo Chain), via Chainlink’s cross-chain orchestration infrastructure.

This also marks an expansion of the Kinexys platform’s settlement integrations to date beyond fully private chains.

1/ Today, we’re thrilled to announce Ondo Chain, our new Layer 1 blockchain purpose-built for institutional-grade RWAs.

Design advisors for the chain include new members of the Ondo Ecosystem: Franklin Templeton, Wellington Management, WisdomTree, Google Cloud, ABN Amro, Aon, and McKinsey. The Ondo Ecosystem already includes notable industry leaders such as BlackRock, PayPal and Morgan Stanley. 2/ Over the past year, as we built Ondo Global Markets—our platform for tokenized securities—we realized that today’s public blockchains lack the features necessary for regulated assets to thrive onchain at scale.

For tokenized RWAs to fulfill their potential, we need infrastructure that enables large-scale institutional adoption while maintaining the open access that makes blockchain powerful. This requires addressing five key challenges:

Incompatibility with DeFi. Public securities have unique requirements, including corporate actions like stock splits and dividend distributions, that DeFi smart contracts are not designed for. Oracles must also support large-scale, reliable data feeds across thousands of assets.

Cross-chain liquidity fragmentation. Tokenized RWAs need to be issued across multiple chains. Issuing these assets compliantly, and managing the liquidity across chains takes significant resources. It also makes bridging a necessity, but many of today’s bridges introduce security risks and add additional points of failure.

High and volatile transaction fees. On many blockchains, gas fees are paid in volatile native tokens, making costs unpredictable.

Inadequate network and protocol security. Many existing security models rely on staking native crypto tokens, but RWAs are far less volatile than crypto. During market downturns, this mismatch can undermine security, and it needlessly increases the costs to run the chain.

Institutional regulatory concerns. Regulated institutions face significant barriers to transacting on public blockchains, from compliance risks to gas fees to front-running concerns. If institutions can’t participate, the RWA space remains limited.

1/ Today, we’re excited to unveil a first look at the next evolution for Ondo Global Markets (Ondo GM), our RWA tokenization platform designed to enable onchain access to stocks, bonds, and ETFs. What stablecoins did for dollars, Ondo Global Markets will do for securities. 2/ The current investment ecosystem is broken. High fees, limited access, transfer frictions, platform fragmentation, and hidden risks create barriers for all participants. These problems have persisted for decades, locking millions out of capital markets and stifling innovation.

President @realDonaldTrump's inauguration has spurred excitement in institutional tokenization. Executive orders and bold visions are setting the stage for transformative growth.

Here are the key recent developments in tokenization that you might have missed. 👇 1️⃣ President Trump signs a landmark executive order to “strengthen US leadership in digital finance”

Addressing the World Economic Forum in Davos, President Trump declared to the world that “the United States will be the world capital of crypto.”

Following his statement, he signed a landmark executive order to establish the Presidential Working Group on Digital Asset Markets, aiming to bolster US leadership in digital finance.

At Ondo, we look forward to supporting leadership that can make this vision a reality.

1/ 🚨 @OndoFinance is solving the RWA liquidity problem 🚨

Introducing Ondo Global Markets, a platform to bring all publicly traded securities onchain with native access to traditional securities exchange liquidity (e.g. Nasdaq/NYSE/LSE).

blog.ondo.finance/introducing-on… 2/ The biggest challenge today in making RWAs useful at scale is liquidity.

For years, RWAs have failed to achieve material adoption because they have been illiquid. The RWA industry was, until recently, largely focused on the tokenization of illiquid assets like private credit.

Given their lack of liquidity, these RWAs don’t make for quality collateral for onchain lending, derivatives, or other protocols.

1/ Our Short-Term US Government Bond Fund $OUSG surpassed $100 million in AUM just ten weeks after opening to investments! 🙌

We’d like to take this opportunity to celebrate while sharing detailed information on the fund structure, and how to subscribe 🧵👇 2/ Firstly, we’re incredibly grateful for the trust and confidence our early investors have shown in our product. Each of you will receive a gesture of our appreciation very soon!

1/📣 We're delighted to announce the tokenization of money market funds (MMFs) in OMMF. Mintable and redeemable for $1, and backed by US gov securities, OMMF combines the stability and utility of stablecoins with the investor protection and yield of MMFs.

bloomberg.com/news/articles/… 2/ What stablecoins did for cash, OMMF will do for MMFs, unlocking their potential to be used not just as a store of wealth but also as a globally-accessible on-chain collateral and settlement alternative.

blog.ondo.finance/tokenizing-mon…

1/5
We are pleased to announce the $ONDO token claim process is now live at ondo.finance

For instructions on how to claim, including a video tutorial and FAQ’s, please refer to our documentation:
docs.ondo.finance/governance/ond… 2/5
Some users will have to wait slightly longer before claiming (change of wallet requests, wallet reused across users, invalid wallet).

This delay will allow our team to perform additional verifications. We have already reached out to those users via email.

Why Total Value Locked (TVL) and protocol growth in DeFi is a noisy subject and sometimes difficult to compare between projects 📈🤯

👇👇👇 Although TVL is often the best metric to measure the growth of protocols and the adoption of DeFi, TVL figures are not born equal.

Let’s explore why this is the case to help you be better equipped to analyze the DeFi landscape.

🚨 There is an urgent need for a decentralized investment bank 🚨

Want to know why? Read on 👇 Traditional investment banking is highly manual, expensive, and reliant on gatekeeping intermediaries. The best products and services such as structured products and direct listings are accessible only to large corporations and wealthy investors.

1/ 🧵 We are proposing the creation of a new development collective to align @SushiSwap with long-term builders in the space -- called the Poke Bowl -- organized by a coalition of protocols including Ondo Finance. 🍣

forum.sushi.com/t/ondo-dreams-… 2/ One of our first action items would be to form a formal on-chain DAO and legal entity for Sushi, both governed by SUSHI. We have additionally collected indications for preemptive donations amounting to $15m to fund Sushi’s development and compensate its contributors.

Let's talk about Liquidity Mining campaigns. ⛏

At a high level, LM is a way for a protocol to bootstrap its growth and liquidity by rewarding users with tokens for providing liquidity or other services for the protocol. In some cases, liquidity mining can help by fostering adoption, dampening volatility, reducing price manipulation, etc...

❗️But there are several limitations to liquidity mining campaigns.❗️

1/ Funds are safe. We have executed a rebalance transaction using the guardian contract. We could not announce this in advance without risking being front-run. We apologize for the poor communication around this event and will follow up with more details later. 2/ We discovered a subtle bug in an audited contract where a single letter was transposed in some variable names. The effect was that some ETH was incorrectly swapped for CVX and YGG.