Ondo Finance has exceeded $2.5 billion in total value locked (TVL), becoming a dominant platform for tokenized U.S. Treasuries and stocks. The platform's USDY product supports investors across nine blockchains with over $1 billion in TVL, while its institutional fund OUSG holds more than $770 million from major asset managers like Fidelity and BlackRock. Since its launch in September 2025, Ondo Finance's tokenized stock segment has captured about 50% market share with over $500 million TVL and $7 billion in trading volume.