Key Takeaways:
- Ondo Finance and Pantera Capital have launched a $250 million fund to accelerate tokenized real-world asset (RWA) adoption, targeting equity and token investments in early-stage projects.
- Major platforms like Robinhood, Kraken, and Coinbase are moving into tokenized stock and ETF trading, signaling a broader industry shift.
- The RWA sector has grown 380% since 2022, now valued at $24 billion, driven by private credit and U.S. government debt (excluding stablecoins).
Ondo Finance and Pantera Capital have launched a $250 million fund called Ondo Catalyst to boost the development of tokenized real-world assets (RWAs).
The initiative aims to invest in early-stage projects through both equity and token stakes, amid rising interest and favorable U.S. regulatory signals.
1/ We’re excited to share that OKX Wallet (@wallet) is joining the Ondo Global Markets Alliance and that OKX users will be able to access Ondo’s tokenized stocks, ETFs, and more when we launch later this summer. pic.twitter.com/uE2zGhcvWb
— Ondo Finance (@OndoFinance) July 3, 2025
Ondo’s chief strategy officer, Ian De Bode, described the current environment as an “arms race” as more players enter the tokenization space.
Crypto platforms like Robinhood, Kraken, and Coinbase are also moving into tokenized stocks and ETFs, highlighting growing demand.
Ondo has been expanding through its Global Markets Alliance, which now includes OKX Wallet, enabling future access to tokenized assets for OKX users.
Earlier this year, Ondo launched its Global Markets platform, backed by Peter Thiel’s Founders Fund, to bridge traditional and blockchain finance.
A recent report notes the tokenized RWA sector has surged 380% since 2022, reaching $24 billion, largely driven by private credit and U.S. debt.
SEC Chair Paul Atkins recently acknowledged tokenization as a key innovation the agency should support to advance financial markets.