The Total Value Locked (TVL) of ONDO Finance has surpassed $178 million, setting a new historical record.



The main drivers of this wave of growth come from two aspects: first, the continuous warming of the concept of tokenization of real-world assets (RWA), especially the tokenization of U.S. Treasury bonds, which has attracted a large influx of funds; second, both institutions and retail investors are seriously participating in this sector.

From a different perspective, the RWA track has already passed the 0 to 1 stage and is now entering a real institutional allocation period. The imagination space for tokenizing US Treasury bonds is quite large—traditional finance meets on-chain liquidity, and it feels like this is just the beginning.
ONDO-5,43%
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