[Ondo Finance becomes the leader in the tokenized U.S. Treasury bond industry]
The Tokenized Asset Coalition (TAC) is an organization promoting blockchain, public adoption of asset tokenization, and institutional-level DeFi. TAC recently added 21 new members and released its second State of Tokenization Report. As one of the major contributors, Ondo Finance has a leading position in the on-chain investment industry.
TAC was founded in the fall of 2023 by Aave, Centrifuge, Circle, Coinbase, Base and RWA.xyz, among others. Since its inception, TAC has expanded its capabilities to include more than 40 leaders in the tokenization industry and is committed to redefining the production, investment and management of capital. The value of real world assets (RWA) in tokenized form has reached US$176 billion, and excluding stablecoins, it still exceeds US$15 billion. These assets come from more than 150 issuers and are distributed across 20 public chains, demonstrating the global scaling capabilities of tokenization.
A recent Coinbase survey revealed that 56% of Fortune 500 CEOs are actively promoting blockchain initiatives, indicating high institutional interest in the technology. Ondo Finance is prominent in the tokenization industry, particularly with its USDY and OUSG products. The report highlights the rapid growth of the U.S. Treasury tokenization market and notes Ondo Finance’s leadership in the industry.
