Phemex Integrates Ondo's Tokenized Assets

Crypto platform Phemex announced the full integration of Ondo Finance's suite of tokenized stocks. The move positions Phemex within the "Real-World Asset" (RWA) tokenization trend, which involves representing traditional financial assets on a blockchain. The integration was also confirmed in separate company statements.

- The integration provides Phemex's 10 million users with access to 14 of Ondo's tokenized blue-chip assets. This includes tech giants like NVIDIA, Tesla, Apple, and Amazon, as well as financial instruments like the Nasdaq 100 and SPDR S&P 500 ETFs. - The Real-World Asset (RWA) tokenization market was valued at approximately $35.78 billion as of November 2025, a significant increase from $2.9 billion in 2022. Projections suggest the market could reach between $3.5 trillion and $10 trillion by 2030. - Ondo Finance has been actively engaging with U.S. regulators, including a meeting with the SEC's Crypto Asset Working Group in April 2025 to discuss regulatory frameworks for tokenized securities. In December 2025, the company submitted a "Roadmap for Tokenized Securities" to the SEC. - Beyond its Phemex integration, Ondo Finance has established partnerships with other major financial players, including Mastercard to link real-world assets to its Multi-Token Network and Chainlink for data verification of its tokenized assets. - The process of tokenizing a real-world asset involves off-chain verification of the asset's existence and ownership, integrating real-world data onto the blockchain via oracles like Chainlink, and then creating digital tokens that represent ownership. - Tokenized U.S. Treasuries are the fastest-growing RWA category, with a market value reaching $8.7 billion by October 2025, a 251% increase year-over-year. - Ondo Finance's offerings are currently targeted at non-U.S. individual and institutional investors due to the securities not being registered under the U.S. Securities Act of 1933. - The Ethereum network is the dominant blockchain for tokenized RWAs, accounting for almost 34% of the total on-chain value and surpassing $17 billion in early 2026, a 315% increase from the previous year.

Get your own daily briefing

Scout delivers personalized news, insights, and conversations tailored to your role and industry.

Download on the App Store

Shared from Scout - Be the smartest in the room.