Ondo (ONDO)

Ondo has appointed John Hoffman as Managing Director, Head of Product Portfolios, to develop Ondo’s onchain asset portfolios business. Hoffman has been at the forefront of the ETF and digital asset industries, helping shape some of the market's most significant product launches and distribution platforms. Hoffman joins from Grayscale Investments, where he served as Managing Director, Head of Distribution and Partnerships. Before Grayscale, he spent nearly two decades at Invesco, most recently as Head of the Americas, ETFs and Index Strategies. Ondo has spent years building the tokenization infrastructure for onchain capital markets. Hoffman's appointment marks the next chapter: launching and distributing tokenized portfolio products built on that foundation, from custom tokenized baskets built in partnership with the leading names in asset management to Ondo-native innovations.

Ondo has appointed John Hoffman as Managing Director, Head of Product Portfolios, to develop Ondo’s onchain asset portfolios business. Hoffman has been at the forefront of the ETF and digital asset industries, helping shape some of the market's most significant product launches and distribution platforms. Hoffman joins from Grayscale Investments, where he served as Managing Director, Head of Distribution and Partnerships. Before Grayscale, he spent nearly two decades at Invesco, most recently as Head of the Americas, ETFs and Index Strategies. Ondo has spent years building the tokenization infrastructure for onchain capital markets. Hoffman's appointment marks the next chapter: launching and distributing tokenized portfolio products built on that foundation, from custom tokenized baskets built in partnership with the leading names in asset management to Ondo-native innovations.

Tokenized equities are no longer a small RWA experiment. According to RWAxyz, tokenized stocks now hold $1.47B in distributed value, with $4.20B in monthly transfer volume and more than 347K holders. That puts the category at roughly 10% of the tokenized Treasury market, which currently stands at $14.82B. The important part is not just growth. It is concentration. Ondo currently leads the market with $911.2M in tokenized stock value, representing 60.3% market share. xStocks follows with $416.8M, or 27.6% share. Together, the two platforms control nearly 88% of the market. That tells us two things: 1. Tokenized equities are scaling quickly. 2. The market is still highly concentrated. The first phase was issuance. Backed Finance helped establish the category through xStocks. Ondo expanded it with a broader tokenized equity platform. That phase is largely complete. The market already has tokenized versions of major equities and ETFs. The next bottleneck is utility. ➤ Can tokenized equities be use

ALTS MUST FLIP THIS 👀 The bottom may be close. But OTHERS is not safe yet.. Altcoins outside top 10 Market Cap are in danger right now 😨 What needs to happen? $ONDO must flip $0.40 $TAO needs to move above $250 $LINK above $10 $SUI to regain $1 $NEAR with another bounce These are some of the possibilities that will change this but the key area is around $185B-$205B. That zone acted like support multiple times during the cycle. It held the market during earlier pullbacks, helped form the 2025 base, and became the level where buyers kept stepping in. Now it has flipped into resistance. That is the problem. There is a possible head and shoulders breakdown. If this confirms, OTHERS can start a fresh downtrend toward the $100B area. That would be brutal for mid and small caps. And here is the scary part. Since the start of the 2023 alt bull run, OTHERS peaked around $450B. But even after hundreds of new launches, new sectors, new tokens, and new narratives, the total valuation is still struggling be