SBI Group, one of Japan's largest financial companies with more than $250 billion in assets, has partnered with Ondo Finance, the world's leading tokenized equity platform, to bring Japanese real-world assets (RWAs) onchain.
Ondo price has surged nearly 20% over the past 24 hours after the protocol unveiled tokenized U.S. equities backed by DTC tokenized entitlements, lifting ONDO well ahead of a largely range-bound crypto market.
Ondo Finance, a firm focused on tokenizing RWAs, has formed a partnership with SBI Group to tokenize assets in Japan. SBI Group is one of Japan's largest financial services conglomerates, operating in banking, investing, asset management, and, more recently, digital assets.
This partnership could revolutionize global digital asset markets by enhancing accessibility and efficiency in trading Japanese equities. SBI Group partners with Ondo Finance to tokenize Japanese stocks using yen stablecoin.
Ondо Finance revealed its launch of the inaugural tokenized equity representations utilizing DTC tokenized entitlements. This development propelled the ONDO token upward by approximately 5% within a 24-hour period while simultaneously boosting daily trading activity by 51.7%.
News of Ondo's launch of its first tokenized stock representations based on DTCC tokenized entitlements has buoyed market confidence.
The ONDO token recorded an intraday gain of 6.81%, setting its value at $0.3292. The trading volume in the last 24 hours reached $92.84 million, exceeding the average of the previous 30 days by 20.88%. The asset experiences an accumulated depreciation of 84.62% compared to its all-time high of $2.14 reached in December 2024.
Tokenizing IPOs on debut day could revolutionize equity markets, enhancing liquidity and accessibility while challenging traditional finance norms. Ondo Global Markets tokenizes SK Hynix shares on day one of record $26.5B US debut.
Ondo Finance has unveiled a groundbreaking perpetual futures exchange that enables the unprecedented use of tokenized equities as trading collateral. Named Ondo Perps, this innovative platform has officially opened its doors to pre-alpha participants located outside U.S. territory.
Ondo Perps' launch could revolutionize global trading by enabling 24/7 leveraged equity exposure, challenging traditional market constraints. Ondo Perps launches equity perpetual futures trading with ONDO token hovering near $0.33.
Ondo Finance now allows eligible users to use tokenized stocks as collateral for perpetual futures trading, expanding the utility of tokenized real-world assets. The platform offers 24/7 access to stock, ETF, and commodity perpetuals with up to 20x leverage outside restricted jurisdictions.
Ondo Perps launched with up to 20x leverage, tokenized stocks as collateral, 24 hour trading and up to $3 million in rewards. Ondo launches equity perps with tokenized stocks as collateral.