Ondo (ONDO) Rises Amid Tokenized Securities Alliance and Market Optimism

Ondo (ONDO) climbed 1.5% in the past 24 hours to trade at $0.7774, holding near recent highs after a week of strong gains. This upward momentum follows the announcement of a major industry collaboration focused on tokenized securities.

On June 17, Ondo Finance introduced the Global Markets Alliance, a coalition of wallets, exchanges, and custodians including Solana Foundation, BitGo, Fireblocks, Trust Wallet, 1inch, Jupiter, Rainbow Wallet, Bitget Wallet, and Alpaca. The group aims to improve interoperability, investor protection, and access to tokenized real-world assets (RWAs).

This alliance supports Ondo’s upcoming launch of Ondo Global Markets, a platform enabling non-U.S. users to access tokenized versions of U.S. stocks, ETFs, and mutual funds. By targeting friction in traditional finance and boosting global access, Ondo is positioning itself at the forefront of blockchain-integrated capital markets.

Each member contributes uniquely: wallets like Trust Wallet are integrating Ondo’s standards, while Jupiter and 1inch will enable programmatic access. BitGo and Fireblocks provide custody and infrastructure, and Alpaca handles brokerage and compliance for tokenized securities.

Technical indicators show ONDO rising from $0.749 to $0.769 between June 28–29, marking a 2.67% gain. Support was confirmed at $0.755, with resistance at $0.765 broken on high volume. After peaking at $0.773, a minor pullback saw ONDO settle at $0.769. Despite a descending channel in the final hour, indicators point to a potential reversal.

In a June 28 post on X, Ondo Finance stated, “2025 will be the year of tokenized stocks,” signaling rising confidence in tokenized financial products and a shift toward on-chain investment solutions. As adoption accelerates, ONDO may continue to benefit from growing investor interest in tokenized assets.