Ondo Finance announced that the value of its tokenized real-world-asset offerings has surpassed $4 billion. The milestone includes 484 separate assets and serves more than 565,000 onchain holders, according to a corrected company announcement published on November 5 that references data from RWA.xyz.
The figures place the platform first among the 203 tracked platforms by market capitalization of tokenized products, representing about one-tenth of the value within the non-stablecoin real-world asset sector. The classification excludes stablecoins and relies on the specific metrics determined by the data provider.
For crypto readers tracking the sector, the tokenized asset category includes a mix of short-term government debt, funds, and equities utilizing various legal and custody frameworks. These products feature differing liquidity profiles, redemption procedures, and legal claims for holders depending on the underlying structure of the asset.