Ondo (ONDO)

EXCLUSIVE: @OndoFinance hires the former chief of Invesco's ETF business as the firm expands into tokenized investment products. @sndr_krisztian reports. https://t.co/8868Vsovny

LOOK: For the first time in history - anyone with an internet connection can access U.S. equities. Tokenized equities just became the most widely held RWA asset class in crypto. And the growth chart is almost unbelievable. - June 2025: $26M ← @xStocksFi launches - July 2025: $74M - October 2025: $394M ← @OndoFinance launches tokenized equities - June 2026: $1.579B That's a 60x increase in 12 months. RWA Holder Share as of June 2026: → Equities: 35.6% 🏆 (now #1) → Commodities: 28.5% → Credit: 20.2% → Other RWA: 15.7% Here's what this actually means: For the first time in history - anyone with an internet connection can access U.S. equities. NVDA. Tesla. S&P 500. All tokenized. All on-chain. All with 100K+ holders already. This is a fundamental restructuring of how the world accesses financial markets.

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