Ondo (ONDO) — Onchain News & Whale Tracking

Ondo to Launch Its Tokenized Stock on the First Day of Anthropic’s IPO

Matthieu de Vergnes, global head of institutional business at Ondo Finance, stated that the firm plans to tokenize Anthropic’s stock and bring it on-chain on the day of Anthropic’s IPO. He added that Ondo previously pioneered on-chain access for SpaceX, and will replicate that model this time, enabling investors across Southeast Asia and globally to participate in Anthropic’s IPO on the same day—provided they have a crypto wallet and internet connection. De Vergnes also noted that Anthropic could be the second-largest, or even the largest, IPO of the year.

Binance hacker completes token dump, converts $UNI, $ENA, $PEPE, $LINK, $AAVE, $ONDO, $WLD to 70,480 $ETH ($158.25M)

The Binance hacker has finished dumping $UNI, $ENA, $PEPE, $LINK, $AAVE, $ONDO, and $WLD, swapping them for a total of 70,480 $ETH ($158.25M). Sold 7.02M $UNI($39.63M) at $5.65. Sold 217.5M $ENA($33.93M) at $0.16. Sold 7.77T $PEPE($31.66M) at $0.0000041. Sold 2.57M

Ondo’s Smart Investment Portfolio Launches on Solana, Including Three BlackRock Strategy Portfolios.

Ondo Finance announced its Intelligent Portfolios have launched on Solana for eligible non-US investors. The seven portfolios are offered as single on-chain transferable tokens, covering yield, growth, and thematic exposures. Three of the portfolios are based on strategies developed by BlackRock for Ondo: high-yield BLKHIon, high-growth BLKGRWon, and diversified growth BLKDIGon. The remaining four were designed by Ondo itself: MAG7Xon, BRAINon, YLD5on, and YLD8on. Since their launch roughly four weeks ago, the combined total value locked (TVL) of these portfolios on Ethereum and BNB Chain has exceeded $40 million. Ondo noted that its tokenized assets on Solana have a TVL of over $500 million, with transparent portfolio holdings and programmatic rebalancing, eliminating the need for investors to manage a basket of underlying assets on their own.

Ondo Smart Portfolios launches on Solana, featuring three BlackRock strategy portfolios.

Ondo Finance announced that its Intelligent Portfolios have launched on Solana, open to eligible non-U.S. investors. All seven portfolios are offered as single on-chain transferable tokens, spanning yield, growth, and theme exposures. Three of the portfolios are based on strategies developed by BlackRock for Ondo: high-yield BLKHIon, high-growth BLKGRWon, and diversified growth BLKDIGon. The remaining four were designed by Ondo, including MAG7Xon, BRAINon, YLD5on, and YLD8on. Approximately four weeks after launch, the total value locked (TVL) of these portfolios on Ethereum and BNB Chain has exceeded $40 million. Ondo noted that its tokenized assets on Solana now hold over $500 million in TVL, with transparent portfolio holdings and programmatic rebalancing, eliminating the need for investors to manage a basket of underlying assets themselves.

London Metal Exchange (LME), a subsidiary of Hong Kong Exchanges and Clearing (HKEX), is exploring the tokenization of metal inventories stored in Hong Kong warehouses.

According to Reuters citing sources familiar with the matter, London Metal Exchange (LME), a subsidiary of Hong Kong Exchanges and Clearing (HKEX), is exploring tokenizing metal inventories stored in Hong Kong warehouses to turn them into digital assets eligible for loan collateral and other financing activities, in line with Hong Kong’s strategy to develop into an international commodity trading hub. LME responded that it is currently in the early stages of exploring tokenizing metal inventories for which warehouse receipts have not been issued. Unlike metals under warehouse receipts that already have standardized financing mechanisms, these inventories currently lack mature financing channels. Sources revealed that LME plans to hold a closed-door industry roundtable in early November to discuss the plan. HKEX is also testing carbon credit tokenization to enable near-real-time transaction settlement.

DTCC's tokenization service officially launches, with Ondo Finance as an ecosystem collaborator.

According to Ondo Finance's official blog, the Depository Trust Company (DTC) has officially launched the DTCC Tokenization Service (DTS). DTC is a subsidiary of the Depository Trust & Clearing Corporation (DTCC). Ondo Finance has joined the service's ecosystem alongside institutions including Broadridge, DRW, and Fireblocks. DTC participants can convert between traditional and tokenized forms of securities interests, with tokenized interests holding the same ownership and protections as traditional securities. In July this year, Ondo's CRCLon and SPYon became the first tokenized stocks backed by DTC-tokenized equity interests. In May this year, Ondo joined DTC's Digital Asset Solutions Industry Working Group to provide feedback on DTS.

Ondo’s tokenized stocks and ETFs launch on Robinhood Chain

According to official announcements, Ondo has announced that its 15 tokenized stocks and ETFs now support cross-chain transfers from Ethereum and BNB Chain to Robinhood Chain. Meanwhile, Uniswap has added 11 StablePair liquidity pools to provide round-the-clock liquidity for Robinhood Chain's DeFi ecosystem. This expansion is expected to bring new arbitrage opportunities, offer traders more avenues to execute trades and earn liquidity provider (LP) fees, and access the 24/7 liquidity of Ondo's tokenized stocks. Ondo stated that this move will enable more traders to participate in Ondo's tokenized stock trading, while also creating more possibilities for developers to build financial applications around related assets.

Whale Accumulates $7.22M in Tokens: $LIT, $ENA, $ONDO, $AERO, $ETH, $QNT, $UNI, $TAO, $PEPE

A whale bought ~$7.22M worth of tokens over the past 24 hours, including: 378,129 $LIT ($1.4M) 6.61M $ENA ($1.34M) 3M $ONDO ($1.34M) 1.154M $AERO ($948K) 241.8 $ETH ($591K) 2,944 $QNT ($589K) 61,252 $UNI ($443K) 1,387 $TAO ($368K) 43.3B $PEPE ($195K)

A crypto whale bought approximately $7.22 million worth of tokens over the past 24 hours, involving assets including LIT, ENA, ONDO and others.

According to Lookonchain’s monitoring, a whale has accumulated multiple tokens worth approximately $7.22 million over the past 24 hours, including 378,129 LIT (≈$1.4 million), 6.61 million ENA (≈$1.34 million), 3 million ONDO (≈$1.34 million), 1.154 million AERO (≈$948,000), 241.8 ETH (≈$591,000), 2,944 QNT (≈$589,000), 61,252 UNI (≈$443,000), 1,387 TAO (≈$368,000), and 43.3 billion PEPE (≈$195,000).

Ondo Perps Launches OpenAI Private Market Notes (OPAIPon), Supporting 7×24-hour On-Chain Trading

According to official announcements, Ondo Perps has launched the OpenAI Private Market Note (ticker: OPAIPon), a tokenized financial exposure instrument tied to OpenAI. The note is now available for 24/7 trading on Ondo Perps’ permissionless spot order book, with the trading pair OPAIPon/USDC. OPAIPon falls under Ondo Private Markets, a product line designed to provide accredited investors with economic exposure to leading private companies via tokenized notes. Users can participate in transactions without waiting for the companies to go public, and may self-custody the tokens in personal wallets.

A whale holding tens of millions of dollars in altcoins adds new positions in ONDO, with on-chain unrealized losses exceeding $1.65 million.

According to monitoring by AI Aunt, a whale address that opened a $10 million altcoin position starting September 23 withdrew 2.455 million ONDO from Binance 12 hours ago, valued at approximately $1.144 million with an average withdrawal price of $0.4662. The address currently holds around $9.218 million in three altcoins on-chain: 1.014 million UNI (worth ~$8.91 million, average withdrawal price $8.79, unrealized loss ~$1.551 million), 2.455 million ONDO (valued at ~$1.144 million), and 12,400 LTC (worth ~$841,000, average withdrawal price $67.86, unrealized loss ~$101,000). Additionally, the address’s BNB holdings were apparently liquidated six days ago, with an estimated loss of ~$73,000.

Policy uncertainty under the Trump administration has driven central banks to reallocate gold reserves, as gold holdings in London vaults approach 10,000 tons.

The Financial Times reported that U.S. policy uncertainty, tariff risks, and the precedent of frozen overseas sovereign assets are prompting some central banks to re-evaluate the locations of their gold reserves, with London emerging as one of the beneficiaries. New York still dominates gold futures and derivatives trading, but London’s advantages in physical gold storage, over-the-counter (OTC) trading, and central bank reserve management have become more prominent. The Netherlands’ central bank moved around 86 tons of gold from the U.S. and Canada to London between March and August this year, lifting London’s share in its total gold reserves of 612.4 tons from 18.1% to 32.1%. The Dutch central bank said the move aims to improve the tradability and accessibility of its gold in the event of severe crises. Data from the London Bullion Market Association (LBMA) shows that as of the end of September 2026, commercial vaults in London and the Bank of England’s vaults held a total of 9,821 tons of gold, up 1.96% month-on-month, worth about $1.3 trillion. London’s mature OTC system allows gold lending, swaps, and trading without physically moving bullion, boosting the liquidity of physical gold. The freezing of Russia’s overseas sovereign assets after the Russia-Ukraine conflict has also made countries pay more attention to the jurisdiction of reserve assets and their availability in extreme cases. However, there are currently no signs that central banks are fully withdrawing from the U.S. gold custody system. Asian financial hubs such as Singapore and Hong Kong are also accelerating the construction of gold storage and trading infrastructure, and the global gold market is taking shape with New York leading derivatives, London focusing on physical gold, and Asia accelerating its development.

Ondo’s tokenized assets hit $4 billion in TVL.

Ondo Finance has announced that the total value locked (TVL) of its tokenized products stands at $4 billion, with tokenized stocks and ETFs exceeding $1.3 billion. The firm noted it holds the leading position in the tokenized U.S. Treasuries segment, with cumulative holders of all its products surpassing 1 million. Ondo Finance’s tokenized products can be permissionlessly transferred across networks including Solana, Ethereum, and BNB Chain, while Ondo Stocks accesses traditional financial liquidity via a request-for-quote (RFQ) mechanism.

Li Tian, Chief Financial Officer of Prince Group, has had his London mansion and luxury watches worth 170 million yuan frozen by UK authorities.

According to Caixin, after multiple luxury properties in London belonging to Chen Zhi, founder of the Prince Group, and Hu Xiaowei, who is alleged to be the group's "number two figure", were frozen, Li Tian, the group's finance chief, has also had his London mansion worth 170 million yuan and luxury watches frozen by UK authorities. Earlier, when the U.S. Treasury Department announced sanctions against the Prince Group and its related personnel, Li Tian was listed as a close associate of Chen Zhi, accused of effectively serving as the finance chief responsible for the group's illegal fund operations, including managing illegal fund flows and large-scale cash smuggling.

Addresses holding ONDO for over a year are suspected of liquidating $4.47 million worth of the token, transferring it to a CEX at a price of $0.4963 per unit.

According to on-chain analyst Ai Yi (@ai_9684xtpa), an address that has held ONDO for over a year appears to have liquidated its $4.47 million position. The address mcaavebank.eth transferred 9 million ONDO tokens to OKX six hours ago, at a unit price of $0.4963. The address had previously served as a liquidity provider for ONDO on Uniswap, while ONDO’s price ranged between $0.7 and $1.3 one year ago.

Ondo has launched Private Markets, offering 24/7 trading exposure to pre-IPO tokenized US equities, with its first underlying asset being OpenAI.

Ondo has officially launched Ondo Private Markets, providing qualified investors with pre-IPO tokenized exposure to private companies and supporting 24/7 trading. The first asset listed on the platform is OpenAI’s private market notes. Ondo outlines three core features of Private Markets: First, trade anytime—users can conduct 24/7 trading on the Ondo Perps spot order book from launch day, without waiting for the company to go public. Second, self-custody and freely transferable: users can hold tokens in their own wallets and transfer them freely among qualified holders. Third, backed by mature infrastructure: the platform is built on the same system that powers Ondo’s tokenized stock and tokenized U.S. Treasury products, which boasts a total value locked (TVL) of $3.9 billion and over 1 million holders. Notably, these notes do not represent shares or equity in OpenAI, and holders hold no shareholder rights in OpenAI. Ondo has no affiliation, partnership, or endorsement relationship with OpenAI.

Singapore-based digital securities exchange 1exchange is exploring the launch of Ondo Stocks, targeting Asian qualified investors.

Singapore digital securities exchange 1exchange announced today it is exploring a listing opportunity for Ondo Finance’s tokenized stock product Ondo Stocks, for eligible investors in Asia. Regulated by the Monetary Authority of Singapore (MAS) and focused on tokenized securities trading, 1exchange said the listing remains in the exploratory phase, with a final launch subject to due diligence, listing requirements, and other relevant conditions. Meanwhile, the exchange explicitly clarified that the reference to Ondo Finance does not constitute its endorsement, approval, cooperation, or participation in the matter. Ondo Finance previously stated that institutional investors can convert relevant stocks into tokenized stocks. If the listing is completed, it could further expand trading access to tokenized U.S. equities and other real-world assets for eligible investors in Asia.

Ondo Finance launches an on-chain tokenization product for private markets, with its first underlying asset being a Pre-IPO company in the AI sector.

Ondo Finance has announced the launch of Ondo Private Markets, which enables investors to gain on-chain economic exposure to top private companies through tokenized notes. Its first offering will target a pre-IPO artificial intelligence firm, with trading set to open on secondary markets this week. The platform later plans to expand to private enterprises in sectors including robotics, cybersecurity, biotech, and infrastructure. Ondo clarifies that these tokens do not correspond to company stock or equity; instead, tokenized notes grant holders exposure to the performance of the company’s common stock during eligible liquidity events such as IPOs or mergers and acquisitions. The tokens are freely transferable on-chain and can be integrated with the DeFi ecosystem. Built on Ondo’s existing on-chain asset infrastructure, its combined tokenized stock and U.S. Treasury platform holds roughly $3.7 billion in total value locked (TVL) and has over 1 million cumulative holders. Ondo Finance notes that most large U.S. companies remain private—approximately 87% of firms with annual revenue exceeding $100 million are unlisted, making early growth opportunities difficult for traditional investors to access. Ondo Private Markets aims to provide a more flexible trading channel via blockchain secondary markets, allowing eligible investors to adjust their private market exposure around the clock.

Trust Wallet has entered a launch partnership with Ondo OIP, allowing eligible users to claim BLKH rewards on BNB Chain.

Trust Wallet announced via an official post that it has become the inaugural partner of Ondo’s Incentive Program (OIP). Users who swapped or held Ondo RWA assets through Trust Wallet this year can check their eligibility for rewards; qualified users may claim BLKH tokens on BNB Chain. Full eligibility criteria and claim details are available on Trust Wallet’s official page.

Ondo Perps CEO: "There is a huge opportunity in the U.S. perpetual contract market, and exploring this market is meaningful."

Ondo Perps CEO David Wells noted that the U.S. perpetual contract market holds a "huge opportunity," and it is "meaningful" for Ondo to explore this space. However, he did not confirm whether Ondo will launch perpetual contract products in the U.S. Perpetual contract offerings tailored for the U.S. market may differ from those Ondo provides outside the U.S.

Major South Korean internet securities brokerage Kakao Pay partners with Ondo Finance and Dinari to explore tokenization of Korean stocks.

South Korea's Kakao Pay Securities has partnered with Ondo Finance and Dinari respectively to explore tokenizing South Korean-listed stocks and providing overseas investors with on-chain investment channels. Kakao Pay Securities is one of South Korea's leading online securities firms, backed by the Kakao financial ecosystem. As of the first half of 2026, its client assets under custody exceeded 21 trillion won (approximately $150 billion), with around 1.61 million monthly stock trading users. The collaboration aims to research integrating South Korean stock assets onto the blockchain, boosting the accessibility of traditional securities assets via tokenization and creating a new channel for overseas investors to access South Korea's stock market.

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.