Ethereum Holds the Largest Share of Ondo Assets Across Networks

Ethereum held about $2.1 billion in distributed Ondo assets as of Oct. 4, the largest value among the networks listed, while Solana had $456.7 million.

Ondo’s tokenized assets are distributed across multiple blockchain networks. Distributed assets totaled $3.89 billion, with 522,260 holders overall. Stellar held about $536.9 million and BNB Chain about $430.7 million. The network values are rounded and do not establish a precise Ethereum share.

In January, Ondo brought more than 200 tokenized U.S. stocks and exchange-traded funds to Solana, following earlier launches on Ethereum and BNB Chain. The Solana expansion added another venue for trading and using the assets.

Three tokens — SPYon, QQQon and TSLAon — are supported as collateral on Euler, where users can borrow stablecoins against them. The Euler support adds a collateral use for the tokens, but the figures available do not show the scale of borrowing.

Eligible investors in permitted jurisdictions outside the United States can access the tokenized stocks.