Ondo Finance said Ondo Global Markets surpassed $1 billion in TVL while expanding 35 tokenized U.S. stocks and ETFs to Hyperliquid’s HyperEVM for use as on-chain collateral in advanced trading strategies.
Ondo Finance said Ondo Global Markets has surpassed $1 billion in total value locked, becoming the first tokenized stock and ETF trading platform to reach that scale less than eight months after launch. The company also reported about $18 billion in trading volume, while RWA.xyz said the platform accounts for more than 70% of tokenized stock issuance. Separately, Ondo enabled 35 tokenized U.S. stocks and ETFs to bridge from Ethereum and BNB Chain to Hyperliquid’s HyperEVM, where they can be used alongside Hyperliquid perpetuals for basis trading, funding rate arbitrage, neutral hedging, arbitrage, and delta-neutral strategies. Together, the updates show both rapid growth in Ondo’s tokenized securities platform and broader use of tokenized real-world assets as active on-chain collateral rather than only passive representations of traditional securities.