Ondo Finance(ONDO) weekly rise of 21%! BlackRock and other giants embrace tokenization, empowering the RWA sector.

The price of Ondo Finance's Token (ONDO) has risen over 21% this week, attributed to its newly launched tokenization stock platform and the latest initiatives from traditional finance giants like BlackRock in the tokenization space. BlackRock plans to bring products like ETFs onto the Blockchain, a move that significantly enhances the credibility of RWA projects like Ondo and signals the arrival of an institution-driven financial new era.

ONDO Finance price rises, TVL increases nearly threefold

According to data from CMC, the token ONDO of Ondo Finance rose nearly 10% to $1.10 on Thursday, bringing its weekly gains to over 21%. This rise can be attributed to two key factors: first, the overall bullish sentiment in the cryptocurrency market, and second, Ondo's significant progress in the tokenization of stocks.

• Platform Progress: Ondo's Global Markets platform launched over 100 tokenized U.S. listed stocks and ETFs last week, attracting new partners like WisdomTree, which increased its total locked value (TVL) by $160 million in 9 days.
• TVL surged: Since the beginning of 2025, ONDO's TVL has increased from $611 million to $1.57 billion, nearly doubling.

Analyst Lai Yuen believes that the rise in ONDO's stock price is primarily due to market excitement over tokenization of stocks, and points out that the "regulatory moat" established by the project will provide it with a long-term advantage that is difficult to replicate.

BlackRock's tokenization ambition: Empowering the RWA sector

The world's largest asset management company BlackRock is planning to move ETFs and other investment products onto the Blockchain. This move is seen as a strong endorsement of projects like ONDO that are dedicated to the tokenization of real-world assets (RWA).

• Past Experience: BlackRock has direct experience in the tokenization field. Its launched BlackRock USD Institutional Digital Liquidity Fund (BUIDL) has become the first tokenized fund with assets exceeding 1 billion USD, and the assets currently managed have surpassed 2 billion USD. Furthermore, BlackRock's Bitcoin and Ethereum ETFs both exceeded 10 billion USD in asset size within a year of listing, providing the company with confidence to further explore tokenization.
• High-level view: BlackRock CEO Larry Fink has repeatedly expressed support for tokenization, predicting that "all financial assets may eventually be tokenized," which will reduce institutional costs and improve market efficiency.

Wall Street Sparks Tokenization Wave: Industry Trends and Regulatory Environment

BlackRock's actions are not an isolated case; Wall Street's interest in tokenization is growing day by day.

• Industry Participants: Fidelity recently launched a blockchain-based Treasury money market fund, while Nasdaq has also filed documents with the SEC to allow tokenized stocks to trade on its exchange.
• Market Size: Despite strong institutional interest, the tokenized securities market is still in its early stages. According to data from RWA.xyz, the total market capitalization of tokenized securities is less than $500 million. However, McKinsey & Company predicts that by 2030, the market size for tokenization of real-world assets could reach $2 trillion.

Conclusion

The surge in ONDO prices is a direct result of its product innovation and market excitement, but the entry of traditional financial giants like BlackRock and Fidelity fundamentally validates the potential of the entire RWA track. When the institutional power of the traditional financial world merges with the on-chain technology of the crypto world, it not only provides legitimacy to projects like ONDO but is also bringing about a profound transformation in the way financial assets are owned, traded, and managed.