Ondo Finance's Head of Product, John Hoffman, stated that the development path of asset tokenization is similar to early ETFs, gradually moving from market skepticism to adoption. In 2023, Ondo launched the tokenized U.S. Treasury product OUSG, with the TVL of related Treasury products currently around $2 billion. Its tokenized stocks and ETF platform, Ondo Global Markets, reached a TVL of $1 billion within 8 months of launch. Hoffman mentioned that since the launch of Ondo's perpetual contracts platform 7 weeks ago, the nominal trading volume has reached approximately $9 billion. The company also plans to introduce a "smart portfolio" that bundles multiple tokenized stocks into a single token. Currently, these products are only available outside the U.S., but Ondo hopes that legislation like the Clarity Act will enable them to offer tokenized products in the U.S. in the future. (TheBlock) https://(wublock123.com)/news/news-66905