
- The tokenized RWA market has grown over 260% in 2025 reaching a $23 billion valuation by June.
- Ondo Finance’s ecosystem TVL has doubled in a year hitting nearly $1.4 billion in June 2025.
- The Global Markets Alliance includes firms like Solana Foundation, BitGo, 1inch and Fireblocks.
Ondo Finance has formed the Global Markets Alliance, partnering with major wallets, exchanges, and custodians to advance tokenized financial assets. The initiative, announced this week, intends to streamline access to capital markets through blockchain technology.
This alliance brings together several significant blockchain and financial technology entities, including the Solana Foundation, Bitget Wallet, Trust Wallet, Rainbow Wallet, Jupiter Exchange, BitGo, Fireblocks, 1inch, and Alpaca. Ondo Finance emphasizes that more companies could soon join the expanding coalition.
Alliance Targets Tokenized Real-World Assets (RWAs)
Ondo Finance established the Global Markets Alliance to create unified standards for tokenized RWAs. Its primary focus includes tokenized securities, such as stocks, mutual funds, and exchange-traded funds (ETFs). The collaboration seeks to streamline interoperability across blockchain platforms, making transactions easier and boosting liquidity in blockchain-based financial markets.
This collaboration comes at a critical moment. Tokenized RWAs have experienced significant market growth, rising by over 260% this year. Recent data from Binance Research shows that the tokenized RWA market, excluding stablecoins, reached $23 billion as of June. The growth can largely be attributed to increased demand in tokenized U.S. Treasury bonds and private credit products.
Ondo Finance seeks to capitalize on this growing sector and has introduced a specialized blockchain for institutional RWAs. According to DeFiLlama data, Ondo TVL (total value locked) has reached nearly $1.4 billion, indicating its status in the rapidly growing tokenization industry.

Roles of Alliance Partners in Onchain Finance
Each member of the Global Markets Alliance brings specialized expertise to create robust infrastructure for tokenized RWAs. Wallet providers like Bitget, Trust Wallet and Rainbow Wallet will adopt Ondo’s standards, allowing secure self-custodial access. This step enables direct and safe engagement with blockchain-based financial assets.
DeFi platforms Jupiter Exchange and 1inch enhance programmatic trading, increasing liquidity for these tokenized securities. Institutional custodians BitGo and Fireblocks are anticipated to provide secure custody and dependable off-exchange settlements which are crucial for the institutional adoption of onchain assets.
Alpaca will provide brokerage infrastructure, specifically for trading tokenized securities. These combined functions guarantee improvements in the overall market functionality while promoting efficiency, transparency, and security.
Ondo Global Markets Platform Set for Launch
Ondo Finance plans to launch its new platform, Ondo Global Markets, to facilitate onchain access to U.S. financial products. Targeting international investors, this platform aims to offer blockchain-based exposure to U.S. stocks, mutual funds and ETFs, accessible directly through integrated wallets.
Ondo Finance CEO Nathan Allman said that traditional access to U.S. capital markets remains “gated and inefficient,” emphasizing the need for integrated onchain infrastructure. According to Allman, Ondo’s partnerships with leading blockchain platforms provide the necessary foundation for merging traditional finance with decentralized technologies.
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