Ondo Finance

Ondo Finance

Institutional-grade onchain DeFi financial solutions

Overview

Ondo Finance provides on-chain financial services for institutions and other large users in the DeFi ecosystem. Its products give investors, financial institutions, and DAOs access to institution-grade tools securely on the blockchain. The platform uses smart contracts and on-chain transactions to manage assets, execute trades, and offer premium products, earning revenue from transaction fees and asset management. Its goal is to bring traditional finance advantages to DeFi by prioritizing security, transparency, and accessibility for non-traditional finance players.

Significant Headcount Growth

About Ondo Finance

Simplify's Rating
Why Ondo Finance is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Fintech

Crypto & Web3

Financial Services

Company Size

51-200

Company Stage

ICO

Total Funding

$34M

Headquarters

New York City, New York

Founded

2021

People at Ondo Finance

People at Ondo Finance who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Tokenized US equities grew 360% YoY to $1.5B, with Ondo leading at 57% market share.
  • AI agents gained access to 430 tokenized stocks via Ondo, enabling autonomous hedge funds on Ethereum and Solana.
  • Ondo partnered with Mirae Asset to tokenize Global X ETFs, marking Asia’s first major onchain ETF launch.

What critics are saying

  • Traditional finance incumbents like BlackRock and JPMorgan dominate tokenization, bypassing ONDO token value and stealing $1B+ TVL.
  • A 19.4% ONDO supply unlock in January 2026 triggered a 30–70% price crash with persistent sell pressure through 2029.
  • SEC regulatory crackdown on tokenized U.S. stocks may force Ondo to halt U.S. operations and lose $1.5B market share.

What makes Ondo Finance unique

  • Ondo is the largest tokenized securities platform globally with over $1B TVL and 57% market share.
  • Ondo launched the first custodial tokenized U.S. securities on public blockchain under existing SEC regulatory framework.
  • Ondo enables institutional-grade voting and shareholder rights via Broadridge for token holders, matching traditional brokerage protections.

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Funding

Total Funding

$34M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Ico funding comparison data is currently unavailable. We're working to provide this information soon!
Ico Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Company Equity

Stock Options

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

12%

2 year growth

8%
Sunshine Truth Media
Jun 21st, 2026
Ondo AG, Ajulo bags Award from Presidency, dedicates it to Aiyedatiwa, workers.

Ondo AG, Ajulo bags Award from Presidency, dedicates it to Aiyedatiwa, workers. Ondo AG Wins Presidency's BPSR Public Service Award for Institutional Impact, Dedicates Honour to Gov. Aiyedatiwa, Civil Servants Discover more Social Networks The Attorney General and Commissioner for Justice of Ondo State, Dr. Olukayode Ajulo, SAN, OON, has been conferred with the Distinguished Public Service Award for Institutional Impact and Service Delivery by the Presidency's Bureau of Public Service Reforms (BPSR), in recognition of his contributions to public service reform and justice sector development. The Distinguished Public Service Award for Institutional Impact and Service Delivery is an honour reserved for outstanding public servants and institutional leaders who have demonstrated exceptional commitment to governance reform, efficiency, and improved service delivery. It recognises individuals and organisations that have contributed significantly to strengthening public institutions, enhancing accountability, and driving innovative solutions that improve the effectiveness of the public service in Nigeria. The honour is being conferred as part of activities marking United Nations Public Service Day, a globally recognised platform dedicated to celebrating excellence, innovation, and transformative contributions within the public service. According to a communication from the Bureau of Public Service Reforms (BPSR), Dr. Ajulo's selection followed a rigorous merit-based process involving stakeholder nominations and an independent evaluation of performance benchmarks. The award presentation is slated for June 23, 2026, at the Nicon Luxury Hotel, Abuja, where distinguished public servants and institutional reform champions across the country will be celebrated. Since assuming office as Attorney General and Commissioner for Justice, Dr. Ajulo has been associated with reforms focused on widening access to justice, strengthening institutional frameworks, enhancing efficiency, and deepening the culture of the rule of law in Ondo State. Reacting to the honour, the Attorney-General dedicated the award to Governor Lucky Orimisan Aiyedatiwa, describing him as a visionary leader whose unwavering commitment to good governance has created the enabling environment for innovation, institutional reforms, and excellence in public service delivery in the State. "I dedicate this award to His Excellency, Dr. Lucky Orimisan Aiyedatiwa, for providing the platform that has enabled Sunshine Truth Media Ltd to excel and for demonstrating exceptional leadership in ensuring that the reforms Sunshine Truth Media Ltd has initiated within the justice sector and across government institutions receive the necessary support to succeed. "Mr Governor is a reform-minded leader who understands that strong institutions are the foundation of sustainable development. His commitment to the rule of law, transparency, efficiency, and service delivery has inspired us to continually raise the bar in public service." He said. Dr. Ajulo also expressed profound appreciation to the civil servants of Ondo State for their dedication, professionalism, and support in driving the administration's reform agenda. "I equally dedicate this recognition to the hardworking civil servants of Ondo State, whom I consider among the finest civil servants in Nigeria. From the day I assumed office, they welcomed me warmly, shared their wealth of experience, and worked tirelessly with me to ensure that the various reforms and innovations Sunshine Truth Media Ltd has introduced translate into tangible benefits for the people of its dear State. "This award is therefore not a personal achievement. It is a testament to what can be accomplished when visionary political leadership is combined with a committed and professional civil service. Together, we have demonstrated that excellence in governance is achievable when service to the people remains our guiding principle." The AG added. Previous recipients of the BPSR Distinguished Award include several notable public sector leaders and administrators who have contributed to governance and service delivery in Nigeria, among them Dr. Dasuki Ibrahim Arabi (DG, BPRS), Prof. Charles Anosike (DG/CEO, NiMet), Dr. Bashir Jamoh, OFR (DG, NIMASA), Prof. Aliyu Usman El-Nafaty (VC, Gombe State University), and Dr. Grace Adagba (Chairman, Benue SUBEB).

DefiDraft
Apr 29th, 2026
Ondo Finance adds proxy voting for tokenized equities holders.

Ondo Finance adds proxy voting for tokenized equities holders. Ondo Finance is rolling out a proxy voting feature for holders of its tokenized equities, a move that brings these blockchain-based assets closer to traditional stock ownership. The feature, developed in partnership with Broadridge Financial Solutions, lets investors review corporate filings and submit voting preferences through Broadridge's ProxyVote system. To use it, investors log in with their crypto wallets and gain access to governance tools usually reserved for brokerage accounts. Tokenized equities sector growing rapidly. This development arrives as tokenized equities emerge as one of the fastest-growing areas in crypto. These tokens represent stocks and ETFs on blockchain rails, and the category now holds over $1.1 billion in total value locked - tripling in size over the past year, according to data from RWA.xyz. Ondo is the largest issuer in this sector, reporting more than $700 million in stock and ETF tokens on its Global Markets platform, which is offered to non-U.S. investors. Why proxy voting matters for token holders. Adding proxy voting to equity tokens is significant because these offerings have often lacked basic governance rights. Ondo's tokens remain separate from the underlying shares and don't grant direct shareholder rights. However, the new system lets investors express preferences that Ondo can apply when voting the shares it holds. "It really hits at the heart of Ondo's vision to make traditional financial assets more accessible," said Matthieu de Vergnes, Ondo's global head of institutional. "You get all the benefits of being onchain - freely transferable, compatible with DeFi - and on top of that, you get the governance that you have from the the underlying." Broadridge brings traditional infrastructure to blockchain. Broadridge, which processes large volumes of proxy votes in traditional markets, is extending its infrastructure to blockchain systems with this partnership. The firm says the goal is to support both digital and conventional assets within the same workflows. Giving investors the same level of auditability, transparency and compliance will "really go a long way in making the tokenized world more scalable, giving that level of trust to end investors," said Danielle Gurrieri, senior vice president and head of product management at Broadridge.

BSC News
Mar 30th, 2026
Ondo Finance perpetual futures officially live.

Ondo Finance perpetual futures officially live. Ondo Finance launches Ondo Perps early access, offering up to 20x leverage on U.S. stocks, ETFs, and commodities with 24/7 on-chain trading. Crypto Rich March 30, 2026 (Advertisement) Table of Contents Ondo Finance has officially launched early access to Ondo Perps, a perpetual futures platform offering up to 20x leverage on major U.S. equities, ETFs, and commodities. The rollout, announced on March 27, makes Ondo the first protocol to bring capital-efficient equity perps on-chain. The launch comes at a moment when Ondo's total value locked is approaching $3 billion. This is a direct extension of the infrastructure Ondo has spent the past year building across tokenized Treasuries and equities. Discover promising projects... (Advertisement) Article continues... What can traders access on Ondo Perps? Eligible early-access users can now trade perpetual futures on 16 U.S. stocks and three commodities: * Stocks: AAPL, AMD, AMZN, COIN, CRCL, GOOGL, HOOD, INTC, META, MSFT, MSTR, NFLX, NVDA, ORCL, PLTR, TSLA * Commodities: Gold, silver, and oil All markets are available 24/7, meaning traders can take positions on names like $NVDA or $TSLA outside of traditional market hours. Leverage goes up to 20x. Early-access codes are being sent to waitlisted users this week. The platform is available to non-U.S. users only due to regulatory considerations. How is this different from existing crypto Perps? Perpetual futures are nothing new in crypto. The market generated roughly $86 trillion in derivatives volume in 2025 alone. But existing perps platforms have mostly stuck to crypto-native assets and rely on stablecoins as the sole form of collateral. Ondo Perps takes a different approach. It accepts tokenized securities as collateral, not just stablecoins. That means a trader holding tokenized AAPL or GOOGL through Ondo Global Markets can use those positions as margin for leveraged trades without selling them first. Ondo built the underlying technology. The Ondo Perps platform operates the trading experience on top of that infrastructure, pulling spot asset liquidity from traditional exchanges through Ondo Global Markets. The result is deeper liquidity and more efficient use of capital than what isolated on-chain order books can offer. Where does Ondo stand right now? The perps launch lands in the middle of an aggressive growth phase for Ondo Finance across the board. Protocol-wide TVL is nearing the $3 billion mark, up from roughly $1 billion earlier in 2025. That capital is spread across multiple chains, with Ethereum holding the largest share at around $1.69 billion, followed by Solana, BNB Chain, Plume, XRPL, Stellar, and Aptos. Ondo Global Markets, the tokenized stocks and ETFs arm, has surpassed $700 million in TVL and commands over 60% market share in the tokenized equities sector. The broader tokenized stocks market itself just crossed $1 billion in total value. On the revenue side, Ondo's 30-day protocol fees sit around $4 million, putting annualized revenue near $49 million according to DefiLlama data. The protocol also landed a major partnership with Franklin Templeton last week. Five Franklin Templeton ETFs have now been tokenized on Ondo Global Markets, bringing a $1.7 trillion asset manager into the on-chain fold. The $ONDO token trades around $0.27 with daily volume near $60 million. What does this mean for on-chain equity trading? Ondo Perps is the clearest sign yet that tokenized real-world assets are moving beyond passive yield products and into active trading infrastructure. Until now, most RWA protocols focused on issuance. Hold a tokenized Treasury, earn yield, and that was it. Perps add a derivatives layer on top. Ondo's president Ian De Bode has described the broader strategy as building an on-chain prime brokerage. The vision is a single interface where users can hold, trade, lend, and leverage tokenized traditional assets alongside crypto. Perps are the first step toward that. For now, the platform is in early access and limited to non-U.S. users. A full public rollout is expected in the coming weeks. * Ondo Finance Official announcement of Ondo Perps early access launch on X, March 27, 2026 * DefiLlama Ondo Finance protocol data including TVL, chain breakdown, and fee metrics * TheStreet Coverage of Ondo Perps unveiling at the Ondo Summit, February 3, 2026 * Yahoo Finance Interview with Ondo President Ian De Bode on the on-chain prime brokerage strategy * BanklessTimes Reporting on the Franklin Templeton ETF tokenization partnership and protocol metrics

The Bitcoin Street Journal
Mar 27th, 2026
Ondo, Canton sidestep macro concerns with institutional deals as bitcoin, ether slide.

Ondo, Canton sidestep macro concerns with institutional deals as bitcoin, ether slide. Ondo and canton capitalize on institutional partnerships amid cryptocurrency volatility. Ondo Finance and Canton Network have strategically leveraged institutional partnerships to navigate the current volatility in the cryptocurrency market. By collaborating with established financial entities, these platforms aim to enhance liquidity and stability within their protocols, addressing challenges posed by fluctuating digital asset prices. Institutional partnerships frequently enough bring increased capital inflows and a level of operational rigor that can contribute to more resilient decentralized finance (DeFi) ecosystems during periods of market uncertainty. Such collaborations also reflect a broader trend within the crypto industry where conventional finance participants are progressively engaging with blockchain-based projects. This integration facilitates improved risk management frameworks and compliance standards, perhaps attracting more institutional investors. Nevertheless, while these partnerships can bolster confidence and operational capacity, thay do not eliminate the inherent risks of cryptocurrency markets, underscoring the importance of ongoing diligence and market monitoring. Analyzing the impact of bitcoin and Ether price declines on market strategy adjustments. Recent declines in the prices of bitcoin and Ether have prompted market participants to reassess their investment strategies in the broader cryptocurrency landscape. Price reductions in these leading digital assets frequently enough lead investors to evaluate portfolio risk exposures and liquidity positions, given their significant influence on market sentiment and overall capitalization. Such movements emphasize the importance of understanding market dynamics beyond simple price movements,including how volatility in flagship cryptocurrencies can affect derivatives,altcoins,and decentralized finance sectors. Adjustments in market strategies consequently take into account factors such as trading volume changes,volatility measures,and correlation shifts between assets. Traders and investors may consider technical indicators and on-chain data to inform decisions, while also addressing the limitations inherent in volatile environments, including potential liquidity constraints and price slippage. This analytical approach aids in distinguishing between short-term market reactions and longer-term trend developments, underscoring the need for disciplined risk management and continuous market observation within the evolving digital asset ecosystem. Strategic recommendations for navigating macro challenges through diversified institutional deals. In addressing macroeconomic challenges, institutional investors are increasingly exploring diversified deal structures as a strategic approach to mitigate risk and enhance resilience. Diversification in institutional deals refers to spreading investments across various asset classes, geographic regions, and market segments within the cryptocurrency ecosystem. This approach aims to reduce dependency on any single factor that could adversely affect returns, such as regulatory changes, market volatility, or broader economic downturns. By engaging in a mix of joint ventures, equity stakes, and structured finance arrangements, institutions can better position themselves to navigate uncertainties inherent in the evolving crypto landscape. Furthermore, diversified institutional deals can facilitate access to a broader spectrum of opportunities and liquidity sources, which are essential in markets characterized by rapid innovation and fluctuating sentiment.While diversification can provide strategic advantages, it is indeed critically important to recognize its limitations, including potential complexity in deal management and varying degrees of exposure to systemic risks. Institutions are thus required to carefully balance their portfolios, employing thorough due diligence and risk assessment processes.This measured approach supports sustainable investment practices and aligns with the dynamic nature of cryptocurrency markets without assuming definitive outcomes.

Asia Token Fund
Mar 25th, 2026
Franklin Templeton partners with Ondo in asset tokenization push.

Franklin Templeton partners with Ondo in asset tokenization push. Franklin Resources Inc. has partnered with the decentralized finance platform Ondo Finance to launch tokenized exchange-traded funds (ETFs). Also known as Franklin Templeton, the company is the world's 16th largest asset manager with $1.7 trillion in assets under management (AUM). Franklin Templeton partners with Ondo. Under Ondo Finance, Ondo Global Markets will provide the technology to access Franklin Templeton ETFs within crypto wallets. This will enable 24/7 trading, improved investor accessibility, shorter settlement periods, and higher liquidity ceilings. The pilot debut will take place in Europe, the Asia-Pacific region, the Middle East, and Latin America, with launch in the US now pending regulatory approval. AsiaTokenFund Group is excited to announce that Ondo has partnered with Franklin Templeton (@FTDA_US), one of the world's largest asset managers with $1.7T AUM. Together, AsiaTokenFund Group is bringing exposure to Franklin Templeton-managed investment products onchain through Ondo Global Markets. pic.twitter.com/vY2AqbiMm7 Founded in 1947, Franklin Resources has grown its AUM from about $1.58T in early 2025 to over $1.7 T in early 2026. Named the 2025 Asset Manager of the Year in the $500B+ category by Money Management Institute and Barron's, the firm now closely rivals colossal investment firms such as Morgan Stanley. On the other hand, Ondo Finance is a 2021-founded company backed by former Goldman Sachs executives. As of early 2026, the platform was the largest provider of blockchain-based investment products with a total value locked (TVL) exceeding $2.5 billion. Some of the firm's most prolific partners include BlackRock (the world's largest asset manager with $14.04T AUM), Binance, and Fidelity. ONDO token, now the 51st in the world by market cap, gained 4.17% in the day to trade at $0.2593. Critiques note the token's disconnect from the company's performance, underscoring ongoing debates about RWA utility. Bridging blockchain and tradfi. Institutions are increasingly adopting initiatives similar to Franklin Templeton's to remain competitive in the growing crypto space. The trend has now moved from experimental phases to full-on scaling following regulatory clarity under the GENIUS Act. Financial giants such as BlackRock, JPMorgan Chase, and Goldman Sachs now lead the bandwagon, and many more plan on joining them. Most recently, Securitize partnered with the New York Stock Exchange (NYSE) to launch 24/7 RWA tokenized trading powered by stablecoin settlements.

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