Popular tokenization platform Ondo Finance has exceeded $2.5 billion in total value locked (TVL) across its tokenized products, making it the largest platform for tokenized U.S. Treasuries and tokenized stocks. The platform leads the tokenized U.S. Treasury market with roughly $2 billion in TVL, driven by products like Ondo U.S. Dollar Yield (USDY) and Ondo Short-term U.S. Government Bond Fund (OUSG). OUSG now holds over $770 million in TVL and offers round-the-clock subscriptions and redemptions, daily interest accrual, and multi-chain support. Ondo is also the largest platform for tokenized stocks, with over $500 million in TVL.

Read more at Yahoo Finance: Ondo Finance becomes largest provider of tokenized Treasuries and stocks