“This surge should be expected to continue.”

Today, @coingecko released a report on the real-world asset tokenization market.

It notes that the “tokenized treasuries market cap climbed by $4.7B (+544.8%) since the start of 2024,” with Ondo Finance as one of the top contributors alongside BlackRock and Franklin Templeton.

Building on that momentum, Coingecko highlights the unveiling of Ondo Global Markets as one of the industry’s “key developments” of 2025. The platform is set to bring tokenized stocks and ETFs onchain in the near future.

As the report correctly states, “the tokenized stock market is rather small at this stage.”

The same could have been said of tokenized treasuries when we launched OUSG—which became the first tokenized security to achieve material adoption and remains a category defining product.

We believe our approach to tokenized stocks and ETFs—designed to tap into the liquidity of traditional markets—will catalyze the next wave of mass adoption, and truly define the stock tokenization market.

The US stock market represents $62T in value, yet only a fraction of that value is accessible onchain. Ondo Finance is changing that.