Ondo Finance is a tokenized real-world assets and institutional-grade onchain finance platform that aims to make institutional-grade financial products and services available to everyone. The platform operates an asset management arm for tokenized financial products and a technology arm that develops decentralized finance protocols. Ondo Finance was founded by Nathan Allman as Founder & CEO and Pinku Surana. Ondo Finance's TwitterScore is 306 out of 1000.
Ondo describes its mission as bringing Wall Street to the world through tokenization. Ondo Global Markets is a tokenization platform for onchain exposure to publicly traded securities, intended for investors outside the US and designed to support thousands of US publicly traded securities including stocks and ETFs. Ondo Global Markets tokenized stocks are issued by Ondo Global Markets (BVI) Limited, with Ondo powering the platform. The product is available on Ethereum, BNB Chain and Solana, and transferable to HyperEVM via bridge, with 100+ assets available and ecosystem partners including Bitget, Trust Wallet, OKX, HTX Global, 1inch, CoW Protocol, Ledger, BitGo, CoinGecko, Morpho, Gauntlet and Alpaca Markets.
USDY is a tokenized note formerly issued by Ondo USDY LLC and, as of December 15, 2025, folded into the Ondo Global Markets umbrella. Depending on issuance date, it may be secured by short-term US Treasuries, shares of iShares Short Treasury Bond ETF, or bank demand deposits. USDY has an accumulating version, USDY, and a rebasing version, rUSDY, whose price remains at US$1.00 while yield accrues as additional rUSDY tokens. OUSG is described by Ondo docs as a qualified-access US Treasuries token. Ondo developed Flux Finance as a fork of Compound v2 for an onchain Treasury repo marketplace, and later sold the protocol to the Ondo Foundation.
Ondo Finance raised $20 million in Series A funding co-led by Founders Fund and Pantera Capital, reported by The Block on April 27, 2022. The Series A was an equity round with token rights and brought total funding to $24 million, following a prior $4 million seed round led by Pantera Capital. CoinList announced the Ondo token sale on April 28, 2022, with terms including $0.055 per ONDO token, a $100.00 minimum, a $2,000.00 maximum, 400M supply, and a 12-month lock-up from June 1, 2022 with a 6-month release period thereafter. CoinGecko lists Ondo with ticker ONDO and categories including DeFi and Real World Assets (RWA). Ondo is also backed by Coinbase Ventures, Tiger Global, GoldenTree Asset Management, Wintermute, Flow Traders, and Steel Perlot, and is affiliated with Ondo Perps.
Smart Followers
The accounts that follow Ondo Finance include 1,026 founders, 205 angel investors, 879 influencers and 66 VCs, among them Solana, Laura Shin, Michael Saylor, CoinDesk, Stani and Kyle Samani. Ondo Finance is mentioned by 1,112 accounts across the platform with a total of 4,688 mentions.