DeFi Protocol Ondo Finance’s Token Soars Amid Tokenization Hype

The token of the decentralized financing -oriented asset manager and technology company ONDO Finance is expanding profit this week in addition to a rising cryptoming market and new headlines with regard to the world’s largest asset manager, BlackRock.

While the wider Bullish sentiment of the cryptomarkt is powered by the strong possibility of a Federal Reserve Rate Cut decision, the rise of the tokens coincides with the plans of BlackRock to introduce funds traded in public blockchains, Bloomberg reported Wednesday.

On the day of almost 10%, ONDO rose to $ 1.10 after clocking more than 21% profit this week, Coentecko Data shows.

Thursday’s win will follow last week Launch of Tokenized versions of more than 100 US shares, ETFs and other shares on Ethereum via the Defi protocol Global Markets Platform.

Lai Yuen, investment analyst at Fischer8 Capital, said Decrypt The price increase of ONDO is probably powered by “excitement around tokenized shares.”

Onboarded partners and advisers for the global markets of ONGO, including Wisdomtree, have let the platform grow in TVL by $ 160 million for nine days.

That underlines everything but “the strong early traction of the project underlines,” said Yuen.

In the meantime, the total value of ONDO Finance has almost tripled since the beginning of 2025, which grows from $ 611 million to $ 1.57 billion, Defillama Data shows.

According to Yuen, the long-term prospect remains, which states that even if the project records 10% of the stock market, it would translate into “substantial reimbursements for generating onto-token.”

“The regulatory canal of the project, strengthened by its advisory board, offers a sustainable long -term advantage that will be difficult for competitors to replicate,” he said.