David Edwards
Ondo Finance, a leading decentralized finance (DeFi) platform specializing in real-world asset (RWA) tokenization, has unveiled its Global Markets Alliance — a new industry consortium designed to promote the adoption of onchain financial assets and set interoperability standards for tokenized capital markets.
A wide range of industry players, including the Solana Foundation, Bitget Wallet, Jupiter Exchange, Trust Wallet, Rainbow, BitGo, Fireblocks, 1inch, and Alpaca, joined the partnership, which was announced on Tuesday. According to Ondo Finance, more businesses are anticipated to join the collaboration soon.
The project aims to provide uniform technical and regulatory standards for tokenized stocks and other financial products, as well as to further the tokenization of capital markets, according to Ondo Finance. By connecting blockchain technology with conventional capital markets, this concerted effort seeks to increase accessibility, efficiency, and transparency.
Ondo Increases Its Institutional Onchain Products
With the recent introduction of a layer-1 blockchain designed specifically for institutional-grade onchain assets, Ondo Finance has quickly established itself as a major force in RWA tokenization. Blockchain-native investors may now safely access conventional financial instruments with its tokenized U.S. Treasury assets, which are backed by U.S. government debt.
According to DeFiLlama data, Ondo’s total value locked (TVL) more than doubled in the last year, reaching almost $1.4 billion as of June 2025. Increased investor interest in tokenized treasuries and other RWA products is the reason for this quick expansion.
The Growth of RWA Tokenization Is Exponential
Due to legislative changes and an increase in demand for U.S. financial goods worldwide, the real-world asset tokenization market has expanded significantly in 2025. The RWA tokenization market, excluding stablecoins, grew 260% year-to-date to $23 billion as of June, according to Binance Research. Tokenized U.S. Treasury securities and private lending have been the main drivers of the increase.
The RWA industry is seeing a large influx of crypto-native companies. In order to increase access to international investors in areas with little exposure to U.S. financial markets, payment platform Alchemy Pay recently teamed up with tokenization company Backed to launch 55 tokenized U.S. exchange-traded funds (ETFs).
The combination of blockchain technology and traditional finance is further demonstrated by reports that retail stockbroker Robinhood is creating tokenized stock offerings aimed at European investors in addition to projects to tokenize private credit markets.
Ondo Finance and its partners are putting themselves at the vanguard of this expanding trend with the creation of the Global Markets Alliance, indicating heightened institutional interest in financial infrastructure based on blockchain technology.
