ONDO jumps 16% to $0.37 following launch of DTCC-backed tokenized stocks, with trading volume surging from $54M to $289.6M.
RWA & Tokenization ·
ONDO token increased 16% to $0.37 following the launch of tokenized stocks backed by the Depository Trust & Clearing Corporation, marking a significant market response to the development. Trading volume surged substantially over the same period, rising from approximately $54 million to $289.6 million. The expansion reflects growing institutional participation in real-world asset tokenization, a sector that has transitioned from speculative interest to infrastructure deployment with established financial institutions involved in its development and settlement mechanisms.