Ondo expands tokenized asset distribution as Solana leads equity-collateral activity

  • Ondo expanded tokenized asset distribution beyond Ethereum across Solana and BNB Chain.
  • Solana tokenized assets surpassed $456.7 million after rising 60.32% in 30 days.
  • Solana users supplied over $20.7 million in tokenized stocks as Kamino collateral.

Ondo Finance’s tokenized asset base has expanded across multiple blockchain networks, with Ethereum holding $2.1 billion, or 52.37% of the reported total, while Solana reached $456.7 million and BNB Chain $429.7 million. The figures indicate a broader distribution of liquidity beyond Ethereum. RWA.xyz data shows 521,028 holders transferring $2.38 billion per month, while Ondo’s current asset base is cited at $3.89 billion. Solana also leads the use of tokenized equities as lending collateral, with more than $20.7 million deposited through Kamino, compared with $5.8 million on Ethereum through Euler and Morpho and just under $2 million on Robin Hood Chain through Morpho. Aave V4’s Equities Hub applies collateral factors of 65% to 79%, creating a framework for measuring credit demand through collateral deposits, USDC borrowing and liquidation activity. The figures build on Ondo’s earlier reported approximately $4 billion in tokenized value across 10 networks and its September 24, 2026, launch of Ondo Intelligent Portfolios for eligible non-U.S. investors in permitted jurisdictions.

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